Toronto Renters Forum

Common Tenant Problems => Rent => Topic started by: Andy on August 14, 2022, 10:04:08 pm

Title: CTVNews: This is how much the average rent in Ontario rose in July
Post by: Andy on August 14, 2022, 10:04:08 pm

From CTVNews...

This is how much the average rent in Ontario rose in July

https://toronto.ctvnews.ca/this-is-how-much-the-average-rent-in-ontario-rose-in-july-1.6026749 (https://toronto.ctvnews.ca/this-is-how-much-the-average-rent-in-ontario-rose-in-july-1.6026749)

Quote

Overall, the average rent in central Toronto rose 24 per cent year-over-year in July.

For a one-bedroom unit, rent sat at $2,257 in July, marking a 21.6 per cent year-over-year increase in Toronto.

For a two-bedroom apartment, that increase climbed 25 per cent to $3,259.

The month-over-month average rent in the city saw a four per cent increase for a one-bedroom and 7.8 per cent for a two-bedroom.