May 2024 Update Rentals.ca Rent Report

May 2024 Update Rentals.ca Rent Report

Asking rents for all residential property types in Canada remained near a record high in April, averaging $2,188 per month. Rents increased 9.3% annually in April, accelerating from an 8.8% annual growth rate in March. National Overview Asking Rents in Canada Rise 9%...
Expert Tips: Subletting vs. Assignment

Expert Tips: Subletting vs. Assignment

Navigating the Legal Landscape with Frannie Simms of Cohen Highley Subletting and Assignment   As a landlord or tenant, it’s important to know and understand what the tenancy agreement and the Residential Tenancies Act, 2006, allows and does not allow. The tenant...
April 2024 Rentals.ca Rent Report

April 2024 Rentals.ca Rent Report

Asking rents for all residential property types in Canada averaged $2,181 in March, rising 8.8% from a year ago. The annual rate of rent growth slowed somewhat from the 10.5% annual growth recorded in February, as rents experienced a 0.6% month-over-month decrease in...