A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5 per cent jump year-over-year and the ...
A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5 per cent jump year-over-year and the fastest annual growth since September 2023.
The report says asking rents in Canada have increased overall by a total of 21 per cent, or an average of $384 per month, from two years ago, just before the start of interest rate hikes by the Bank of Canada. British Columbia and Ontario posted the slowest growth in February, with annual increases of 1.3 per cent and one per cent, respectively. But the provinces remain Canada's most expensive for renters, with total average asking rents of $2,481 in B.C. and $2,431 in Ontario.
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.
'Climate of fear' at U of O as physicians, students face backlash for pro-Palestinian viewsA building on the University of Ottawa campus in spring 2023.
Read more »
The 5 Most Expensive Calgary Developments Completed In 2023Howard is a Staff Writer based in Vancouver. He was formerly the Deputy Editor of 604 Now, and has written about the media industry for OneZero and international politics for WhoWhatWhy.
Read more »
Kitco Mining to announce the Mining CEO Of The Year 2023 at PDACThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
2023 Gift Guide: Where to Shop for Last-Minute Gifts in VancouverIt's go time. Here are the best gifts and where to find them when you're last-minute holiday shopping in Vancouver in 2023.
Read more »
2023 Gift Guide: 8 Eco-Friendly and Sustainable Vancouver GiftsEarth-friendly Vancouver gift ideas for everyone on your list (including your dog, who has four eco-footprints).
Read more »
Your December 2023 Horoscope Is HereFind out what the stars have in store for you this Saggitarius season. Your December 2023 horoscope is here for you to discover.
Read more »