New rental rates increase across most Canadians markets

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Calgary and the Greater Toronto Area lead the pack with rates rising 17 per cent in the first quarter of 2023.

Zonda Urban released its first quarter report for Canada’s rental market, finding rents increased in most major markets while vacancies have fallen.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

Ottawa and Vancouver saw the biggest increases in rent from the end of 2022 to the end of March this year, up about 3.7 per cent.

 

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