A report says the average asking price for a rental unit in Canada was $2,174 in November, relatively flat from the previous month but an 8.4 percent increase year-over-year.
The data released on Dec. 15 by Rentals.ca and Urbanation, which analyzes monthly listings from the former’s network, showed the annual rate of rent growth in Canada continues to slow, following increases of 9.9 percent in October and 11.1 percent in September.
