👉The Canadian rental market witnessed its fastest annual growth since September 2023, with the average asking rent soaring to $2,193 in February, marking a 10.5% YoY increase, as reported by Rentals.ca and Urbanation. One-bedroom units rose by 12.9% to $1,920, while two-bedroom units reached $2,293, up 11.3% annually. Over the past two years, rents in Canada surged by 21%, with Alberta leading with a 20% increase. Despite slow growth in British Columbia and Ontario, they remain the most expensive provinces for renters. Shared accommodations also experienced a surge, with a 72% YoY increase in listings.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #CanadianRentalMarket #HousingPrices #RentalSurge #RealEstateNews #UrbanLiving #AffordableHousing #TenantStruggles #mnm #malayalisnearmeapp #canadaupdate #canadanews