month prior
, the average asking rent in Canada increased year over year , month over month , and 20% over the past two years in June. The rise observed between May and June in particular marks the fastest month-over-month increase of the year so far.
Provincially, roommate rents appreciated the most in BC, growing close to 21% year over year to an average of $1,157. In Ontario, Quebec, and Alberta, roommate rents were on average lower, but all provinces still posted annual gains of 6%, 21%, and 13%, respectively.By city, average roommate rents were highest in Vancouver at $1,454, where the year-over-year gain came in at close to 60%. In Toronto, the increase was 9%, bringing the average rate to $1,288.
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