Rent prices in Canada continued to hit new highs in September, increasing by 1.5 percent from August and by more than 11 percent from a year ago, now averaging $2,149 across the country, according to the latest monthly report from Rentals.ca.
“With year-over-year growth rising back into double-digits, the annual rate of rent inflation accelerated to a nine-month high,” according to Rentals.ca’s October 2023 national rent report, based on data from the company’s listings service and produced in conjunction with real estate research firm Urbanation.
