Due to popular demand I analyze the Canadian rental market and find some very interesting number. I look at the increase in rental property purchases in the last decade and compare rental prices to real estate prices. Thanks for watching!
Sources:
The Average Rent & Annual Change in Average Rent forCondo and Rental Apartments for Select Areas, May in 2020, 2021, & 2022 (screenshot from https://rentals.ca/national-rent-report)
Average Rent by Property Type, Select Municipalities, January 2022 to May 2022 (screenshot from https://rentals.ca/national-rent-report)