Porter charted out the change in the rent component of Statistics Canada's consumer price index. But it might — just might — be the case that the long run-up in rental rates is taking a breather. Of the 24 cities covered by rental site Padmapper, only four saw an upward trend in rental rates in March — Edmonton, Saskatoon, St. Catharines and Windsor. Many experts have said that rising house prices have led to rising rental rates, as would-be homeowners are forced to stay longer in rental housing, increasing demand for apartments. Rental rates for March, 2019, from Padmapper.

Source: Huffington Post April 24, 2019 18:56 UTC