Average Asking Rent in July Sees Rapid Growth

Canada News News

Average Asking Rent in July Sees Rapid Growth
Canada Latest News,Canada Headlines
  • 📰 financialpost
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 85%

July's average asking rent hit $2,078 in Canada. Find out more.

and research firm Urbanation released this week show July’s average asking rent hit $2,078, just shy of nine per cent above the same month last year.The organizations behind the data said July’s numbers also constitute the fastest pace of growth over the past three months and add the average asking rent rose 1.8 per cent between June and July, the most rapid month-over-month increase in the last eight months.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.

National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

financialpost /  🏆 7. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian Rental Market Experiences Rapid Growth in JulyCanadian Rental Market Experiences Rapid Growth in JulyThe average asking rent in Canada increased by 1.8% between June and July, marking the fastest month-over-month increase in the past eight months. Compared to July 2021, the average asking rent rose by 21%, adding $354 per month on average. The surge in post-secondary students signing leases, unprecedented population growth, and homebuyers delaying purchases due to rising interest rates are contributing factors. The rental market is currently facing a perfect storm of factors driving rents to new highs.
Read more »

July was the hottest month on recordJuly was the hottest month on recordJuly was officially the earth’s hottest month on record, causing the Antarctic to shrink at a record pace and the European Union’s earth observation agency to…
Read more »

Asking for “In from the Cold “Asking for “In from the Cold “The mid-December date for opening the 'In From the Cold' shelters this coming winter was questioned during a m...
Read more »

Woman Makes Office ‘Gossip Girl’ Cry After She Kept Asking Her About Her Husband’s SalaryWoman Makes Office ‘Gossip Girl’ Cry After She Kept Asking Her About Her Husband’s SalaryWoman tries to find out how much coworker’s hubby makes, gets cussed out, peeps online call both women obnoxious.
Read more »

Robert Swan, ‘Hoosiers’ And ‘The Untouchables’ Actor, Dead At 78Robert Swan, ‘Hoosiers’ And ‘The Untouchables’ Actor, Dead At 78Actor Robert Swan, best known for roles in The Untouchables, Hoosiers, The Babe, and more, died on Wednesday. He was 78. Swan died after a battle with liver cancer, a family friend confirmed to multipleoutlets. Born in Chicago, Swan got his start in local theater -- earning three Joseph Jefferson Award nominations -- before his first film appearance…
Read more »

‘The Untouchables’ star Robert Swan dies at age 78‘The Untouchables’ star Robert Swan dies at age 78His death was also announced on social media by his friend Betty Hoeffner.
Read more »



Render Time: 2025-02-21 14:49:23