'Always meet a landlord': Rent scams on the rise, with students particularly vulnerable

The scams typically involve ruses aimed at conning prospective tenants into wiring money before seeing a unit in person. Read more

for July shows that rent increased 4.9 per cent from a year earlier, compared with a 4.3-per-cent year-over-year increase in June. The Agency attributed the faster price growth in its rent index to accelerations in Ontario and Alberta. The website Rentals.ca, meanwhile, reported in August that its data showed Nova Scotia rents increased by 22 per cent while British Columbia and Ontario rose 15-16 per cent on a year-over-year basis in July.

as demand continued to outstrip supply. British Columbia also experienced significant increases in average monthly rent for both one and two-bedroom condo units, at 23 per cent and 32 per cent, respectively.Article content For her part, Lam said honest landlords should make an effort to crowd out the scammers by providing identity verification, offering land title documents, or taking other steps that promote transparency.

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