What’s The Latest About Canada Rent Prices?
The avg listed rent for all property types across Canada grew by 12.2% annually to reach ~$2K in December This marked the 2nd consecutive month of avg Canadian rent rates exceeding $2K. The avg rate of annual rent increase overall 12-mo of 2022 was 10.9%. Rental demand is primarily being driven by a quickly growing population that is finding it difficult to afford homeownership.
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