rent

Average Canadian rent tops $2,200 in July even as pace of growth slows: report

Average Canadian rent tops $2,200 in July even as pace of growth slows: report

Aug 8, 2024 | 5:01am
Rents are still rising in Canada but the year-over-year pace of growth has slowed, according to a new report. The data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.9 per cent from last year. The year-over-year increase is the slowest rise since early 2022, while […]
Cautious optimism for federal plan to let rent count toward credit scores

Cautious optimism for federal plan to let rent count toward credit scores

Mar 28, 2024 | 1:10pm
Companies that already offer ways to allow rent payments to count toward credit scores are welcoming the plan by the federal government to make the practice more widespread. Andrew Graham, chief executive of Borrowell, said Thursday he was encouraged by the government’s commitment.  “We’ve been saying for a couple of years now, how important it […]
What was the lowest you paid in rent?

What was the lowest you paid in rent?

Mar 19, 2024 | 7:01am
The year was 2004. I headed off to Saskatoon to live on my own for the first time as I started broadcasting college. It was an exciting, but frightening time, because now the “adult responsibilities” started like learning to cook for oneself and paying the dreaded rent. I lucked out and landed a beautiful one […]

Regina and Saskatoon top report of most affordable places for rent

Jul 15, 2023 | 12:59pm

Saskatchewan’s two largest cities remain two of Canada’s most affordable places to rent. According to a report from Rentals.ca which looked at 38 communities across the country, when combining the average rent of a suite, one, two, and three-bedroom rentals, Regina had the lowest average rent at $1,140. Saskatoon was right behind the Queen City […]

Rent increased by 3.6 per cent in 2022 in Regina according to CMHC report

Jan 30, 2023 | 1:58pm

2022 proved to be a challenging year for tenants in Regina, as a lack of new supply and falling vacancy rates led to increased rent in Queen City. The average two-bedroom rent in Regina rose by 3.3 per cent to $1,186 in 2022, according to the rental market report published by the Canada Mortgage and […]

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