Rent in Canada rose 10.4 per cent for properties listed on Rentals.ca, bringing to overall average monthly rent to $1,934. (Ralph/Kijiji - image credit)As rent prices spiked over the past two months, affordable pockets of rental housing became harder and harder to find. A similar hike in June saw the average rent spike 9.5 per cent. Finding affordable rental housing in Canada after a pandemic is proving a challenge for many, with spiking interest rates, inflation and limited rental stock. Story continuesLloydminster — a city that spans Alberta and Saskatchewan — attracted Alexander and her spouse with affordable prices and a pet-friendly property owner.
Source: CBC News August 16, 2022 14:21 UTC