Finding rental property in many urban areas of Canada is hard going
according to the latest rental market report from the Canada Mortgage
and Housing Association. Alberta, as an example, has some areas where
vacancy rate is zero, and the average in the province in April was 1.8
per cent, marginally up on a year before. As the laws of supply and
demand dictate, rents have risen as a result, with the CMHC finding the
average rent rose by 5.5 per cent year on year.
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