Rent hits another record high in January as average asking price reaches $2,196

The average asking price for rent in Canada reached $2,196 in January, a 10 per cent increase from this time last year — marking another record high amid a deepening rental crisis.

Rent hits another record high in January as average asking price reaches $2,196
Two people wearing winter jackets walk by a large apartment complex.

The average asking price for rent in Canada reached $2,196 in January, a 10 per cent increase from this time last year — marking another record high amid a deepening rental crisis.