Canadian Rents Surged 20%, But the BoC Can’t Explain How It Started

Rental prices in Canada have been driven by more than just population growth. A new Bank of Canada (BoC) research paper breaks down the factors that can explain the recent surge in 1 bedroom rents from 2020 to 2026. They found that financing costs made a big contribution to higher rents, especially when rates began […]
The post Canadian Rents Surged 20%, But the BoC Can’t Explain How It Started appeared first on Better Dwelling.
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