Rentals Ca News Today

A Calgary landlord whose home was used in an alleged rental fraud has told Global News he too has been caught up in the nightmare.

Renters in Canada may have felt more of a financial squeeze last month as 2023 wrapped up with average rents hitting a new high. According to the latest National Rent Report from Rentals.ca and Urbanation, December saw the average asking rent for all property types reach a record $2,178. That marks an 8.6% increase from the previous year, continuing an upward trend that has seen rents rise by 22% over the past two years, and translating to an additional $390 per month on average for Canadian ten...

Housing Minister Ravi Kahlon says the decision balances the interest of tenants and landlords.

A ‘perfect storm’ of rising costs makes it hard to keep rents low, say non-profits.

Calgary's rental market continues to be red hot driving some frustrated renters to look for a place in other parts of the province.

Calgary’s rental market continues to be red hot driving some frustrated renters to look for a place in other parts of the province.

Landlords were asking for an average of $1,544 in rent for one-bedroom Montreal apartments in November, up 0.7% in the last month and 2.9% in the last 12 months, according to the latest rent report from Rentals.ca and Urbanation. Other Canadian cities have fared far worse. Montreal was only the 25th most expensive market in the country.

If you’re not quite in the market for the most expensive house in Quebec, taking a look at the average rent in Montreal might make you a little queasy. For those of us with more modest incomes, the continued increase in rent prices is not particularly comforting. According to Rentals.ca, the monthly price for a 3.5 rose to above $1,500 for the first time this June, after months of upwards trends.

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Yo, Canada: It’s time we had a chat about your bad attitude toward renting instead of owning a home. Home ownership in early 2021 is the mythical licence to print money come to life. But with house prices soaring and affordabili...