Monthly rents are now over $2,000 in Canada and renters can expect prices to continue to increase, according to Rentals.ca and Urbanation.
Toronto finished second on the list of 35 cities for average monthly rent in November.As the Canadian national soccer teams head to their respective FIFA World Cups, Derek Van Diest is on the scene to cover all the action. Expect expert insights and analysis in your inbox daily throughout the tournaments, and weekly on Thursdays for the rest of the season.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Oakville was fourth on the list for average monthly rent in November for a one-bedroom at $2,156 and for average monthly rent for a two-bedroom at $2,732.Article content Burlington finished fifth on the list of 35 cities for average monthly rent in November for a one-bedroom at $2,155 and 10th for average monthly rent for a two-bedroom at $2,541.
Mississauga came in sixth on the list for average monthly rent in November for a one-bedroom at $2,148 and eighth for average monthly rent for a two-bedroom at $2,555.Year over year, average monthly rent in November for a one-bedroom in Mississauga was up 19.4% and up 18.5% for a two-bedroom.
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