BNN Bloomberg: $3,000 for a one bedroom? Experts say this will be the norm
Canada’s red-hot rental market is likely only going up from here, experts say. The country’s record immigration targets, alongside limited supply, have driven the average price of a one-bedroom condominium in Canada’s most populated areas, which include Vancouver and Toronto, to rise above $2,500 as of March, according to the latest data from Rentals.ca
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Learn more here.