Latest National Rent Report shows Ontario ranked second last month in average rent cost.
ONTARIO - The cost of renting in Ontario rose more last month than in most other provinces.
According to the latest National Rent Report, rents in Ontario experienced a 3.1 percent monthly increase in July, and a 15.2 percent annual jump for all types of housing.
The average cost of rent in Ontario climbed to $2,332 last month, which is up from $2,262.
The report, which was released last week by Rentals.ca and Bullpen Research and Consulting, shows British Columbia was the only province to surpass Ontario.
British Columbia reported a 19 percent year over year increase.
NRP Want Help After Horses Hurt
Niagara Families Connected to Doctor
Teenager Hurt in St. Catharines Stabbing
One Driver Arrested of Two Hit and Runs
Unifor and GM reach tentative contract agreement
Marineland ships another three belugas to San Diego
PM Carney says Canada will Meet U.S tariffs “Dollar for Dollar”
Province Investing in Niagara Businesses