Rent Inflation to Slow in the Next Few Years, Desjardins Predicts

Rent Inflation to Slow in the Next Few Years, Desjardins Predicts
A "For Rent" sign is posted outside a home in Toronto, on July 12, 2022. The Canadian Press/Cole Burston
|Updated:
0:00

The rate at which Canadian rental prices are increasing should slow in the coming years as the government’s plan to cut back immigration numbers takes hold, a new report from Desjardins says.

“Our outlook is for a slowdown in the pace of rent inflation over the next few years, in line with a rising unemployment rate and weaker population growth,” it predicted.