Average asking rents in Canada saw a record-high as 2023 came to a close, reaching a historic $2,178, according to the latest report from Rentals.ca. This marked an 8.6 percent increase from $2,005 a year ago in December 2022.
According to the “January 2024 Rentals.ca Report,” asking rents in Canada grew by a total 22 percent over the past two years, translating to an average monthly increase of $390.
