Average rents across Canada are now up over 20% since rebounding from their pandemic lows. The average asking rent in April was $2,002, unchanged from March but up 9.6% from a year ago, according to the latest monthly report from Rentals.ca. Compared to the low of $1,662 reached in April 2021, in the midst of the pandemic, rents are now up by 20%, or $340 per month, the report added. For the major metro areas like Toronto and Vancouver, the […] 

Average rents across Canada are now up over 20% since rebounding from their pandemic lows. The average asking rent in April was $2,002, unchanged from March but up 9.6% from a year ago, according to the latest monthly report from Rentals.ca. Compared to the low of $1,662 reached in April 2021, in the midst of the pandemic, rents are now up by 20%, or $340 per month, the report added. For the major metro areas like Toronto and Vancouver, the  Mortgage Rates & Mortgage Broker News in Canada