👉Edmonton, Canada, witnesses a surge in rental rates, reaching record highs and surpassing Calgary as the leader in rent inflation among large markets, as reported by Rentals.ca. The average monthly apartment rental rate in January hit $2,146 nationwide, reflecting an 11.6% increase from the previous year. Edmonton experienced a substantial 17.1% annual rise, bringing the average rental price to $1,479, while Calgary had a 12.8% increase, reaching an average price of $2,047. The province's average asking rent is now $1,690, marking a significant 17.8% uptick from the previous January.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #EdmontonRentals #CanadianRealEstate #RentalMarketTrends #HousingAffordability #EconomicImpact #RealEstateNews #CostofLivingConcerns #RentInflation #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada's average annual rent inflation rate has surged to a nine-month high, according to a study by Rentals.ca. The report highlights a concerning trend in the Canadian rental market, with rents showing consistent upward momentum. As housing costs continue to soar, this news underscores the challenges faced by renters in the country, emphasizing the pressing need for affordable housing solutions.✅ . . #RentInflation #CanadianHousing #RentalMarket #AffordableHousing #HousingCosts #RentalsCA #HousingChallenges #mnm #malayalisnearmeapp #canadaupdate #canadanews