Data from Rentals.ca show July’s average asking rent in Canada hit $2,078, just shy of nine per cent above the same month last year. Compared to July 2021, the average asking rent increased by 21 per cent, adding $354 per month on average.

Data from Rentals.ca show July’s average asking rent in Canada hit $2,078, just shy of nine per cent above the same month last year. Compared to July 2021, the average asking rent increased by 21 per cent, adding $354 per month on average.