Toronto Rents Accelerating Quickly - Up 26% From Last YearYear-over-year rents rose 11.9% nationally, however Toronto saw a huge spike to 26%.
Younger Renters Struggling Renters (between 15-24 years old) are the group most affected by the rising cost of rental prices.
Average Canadian Rental Price Nears $2K/MonthWith the housing market in turmoil, and interest rates skyrocketing, the rental market is nearing a $2000.00/month average in Canada.