Renters under pressure: When will the fever break in the hot rental market?

Canadian renters are feeling the pressure as rental prices continue to soar. The latest data from Rentals.ca and Urbanation reveals that the average asking rent for all property types surpassed $2,200 for the first time in May, marking a 9.3% increase year-over-year. In expensive markets like Toronto and Vancouver, two-bedroom apartments now cost renters over … Continue reading Renters under pressure: When will the fever break in the hot rental market?