Average rent in Canada up nearly 12% year-over-year to almost $2,000: report

Average rent in Canada rose nearly 12 per cent year-over-year last month to almost $2,000, a new national report has found. The latest National Rent Report from Rentals.ca and the Toronto real estate research firm Urbanation shows average rent prices rose 11.8 per cent in October, or $209, compared to the same month last year to an average of $1,976 across all property types. The data includes vacant single- and semi-detached homes, townhouses, condominium apartments, rental apartments and basem