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Spike in rent across Canada

Darpan News Desk The Canadian Press, 11 Aug, 2023 09:53 AM
  • Spike in rent across Canada

The average asking rent in Canada went up last month to a record two-thousand and 78 dollars.  

A new report from Rentals-dot-c-a and research firm Urbanation says the total is 8.9 per cent higher than a year earlier.

It also found that between June and July alone, the average asking rent rose 1.8 per cent.

That's the most rapid month-over-month increase in the last eight months.

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