Canadian rents ↑ 6.5% yearly in May, the slowest rate of annual rent appreciation in 17 months.
The national avg rent was $2,014, ↑ 0.6% MoM and ↑ 19% over the past two years.
Alberta had the highest annual rent growth at 13.4%, followed by Ontario at 12.4%.
BC remained the most expensive province for renters, with an avg rent of $2,468.
Mid-Q2 Rental Market Outlook in Canada
