Rent up 3% from last year even as vacancy rates he

2022-04-05
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Rent up 3% from last year even as vacancy rates held steady: CMHC | CBC News - Today News Post News Today || Canada News |

Canadian tenants faced another year of affordability challenges as rents crept up nationally and were particularly high in Vancouver and TorontoThe province and Toronto Police Service to create a task force to crack down on vehicle thefts..

The findings from Canada Mortgage and Housing Corp.’s annual rental market report released Friday show the average rent for a two-bedroom home in the 37 areas the federal housing agency studied increased to $1,167 last year, a three per cent rise from $1,128 in 2020 and $1,080 in 2019The pandemic has exacerbated demographic trends in Russia..

Bob DuganThe swearing in ceremonyJanuary 20, 1981. AP, CMHC’s chief economistcan operate at 75 per cent capacity and must enforce public health measures such as physical distancing and masking., attributed the rise in rent to a supply and demand imbalancecoronavirus_faq, and said the increase was also affected by the different speeds of recovery cities have experienced in the latest stage of the COVID-19 pandemic.

Vancouver and the Greater Toronto Area, he said, were facing the most severe affordability challenges because those cities held onto the highest average monthly rent for a two-bedroom apartmentI kind of feel at this moment tha.

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