The Top 10 Cities with the Highest Rent Prices in Canada
Let’s take a look at the top 10 cities with the highest rent prices in Canada (March 2023).
Canada experienced a significant increase in the number of immigrants between 2016 and 2021. This wave of settlers has resulted in a reduced availability of housing options.
Furthermore, this new population has intensified the demand and competition for housing, compounded by high interest rates, leading many consumers to remain in the rental market for longer periods. This, in turn, has caused a decrease in vacancy rates and a rise in rental prices. According to the Zumper report, to stabilize rents, the country will require an increase in housing supply, as demand continues to exceed supply.
In contrast, the supply of housing has continued to diminish, leading to a stark contrast between increasing demand and decreasing supply.
【三月加拿大租金最高10個城市】
加拿大在2016年至2021年期間經歷了移民數量的大幅增長。這一定居者浪潮導致了住房選擇的減少。
此外，新增人口加劇了對住房的需求和競爭，再加上高利率，導致許多消費者在房產租賃市場上停留的時間更長。這反過來又造成了空置率的下降和租賃價格的上升。根據Zumper的報告，為了穩定租金，加國將需要快速增加住房供應，因為需求繼續超出供應增長。
反之，現時的可入住住房供應率持續下降，導致供不應求的鮮明對比。
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