Canada's construction news
OTTAWA — Rents are still rising in Canada but the year-over-year pace of growth has slowed, according to a new report.
Rental rates saw downward pressure during the pandemic as population growth slowed and demand weakened, leaving the average to bottom at $1,685 in March 2021. Last month’s average makes for a roughly 31 per cent rise since then. Quebec City, on the other hand, had a 21 per cent increase to $1,657, Halifax had an 18 per cent increase to $2,373, and prairie cities like Saskatoon, Edmonton and Regina also saw double-digit gains.
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.
Average Canadian rent tops $2,200 in July even as pace of growth slows: reportThe data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.9 per cent from last year.
Read more »
Average Canadian rent tops $2,200 in July even as pace of growth slows: reportOverall, all provinces except Ontario and B.C. saw year-over-year rent increases.
Read more »
Average Canadian rent tops $2,200 in July even as pace of growth slows: reportRents are still rising in Canada but the year-over-year pace of growth has slowed, according to a new report. The data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.
Read more »
Average Canadian rent tops $2,200 in July even as pace of growth slows: reportRents are still rising in Canada but the year-over-year pace of growth has slowed, according to a new report. The data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.
Read more »
Canadian sprinter De Grasse fails to qualify for Olympic 200-metre finalAndre De Grasse will not be defending his Olympic title in the men's 200-metre final. The 29-year-old from Markham, Ont., was officially eliminated from Thursday's final when the third and fourth finishers in the next semifinal finished with better times Wednesday at Stade de France.
Read more »
Average data breach costs Canadian organizations $6.32 million: IBM study'When I start looking at 75 breaches a day at an average $6.3 million per breach, that's when I start saying this is staggering,' says Daina Proctor, IBM Canada's security services leader.
Read more »