Rent prices are up $175 in the past six months and have pushed rent inflation to a 30-year high - Mortgage Rates & Mortgage Broker News in Canada
The average asking rent in Canada has increased by about $175 over the past six months, and is now nearly 10% higher compared to a year ago.
![Rent prices are up $175 in the past six months and have pushed rent inflation to a 30-year high - Mortgage Rates & Mortgage Broker News in Canada](https://cdn.canadianmortgagetrends.com/wp-content/uploads/2022/08/Canadian-rent-prices-rose-in-July-2022_med.jpg?#)
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The average asking rent in Canada has increased by about $175 over the past six months, and is now nearly 10% higher compared to a year ago.