Canadian rent prices end 2023 at a record high, up 22% in two years

By |2024-01-23T11:22:53-05:00January 23rd, 2024|Qualifying for a Mortgage, Real Estate, rent-to-own, Renting|0 Comments

Rent prices resumed their upward trajectory in December, ending the year 8.6% higher from a year ago. The average rent price for all unit types rose to $2,178, according to data from Rentals.ca‘s latest monthly data. Looking back over the past two years, rent prices have risen 22%, or an average of $390 a month. “The [...]