Canada’s national housing agency says Halifax has had the highest year-over-year spike in the country for the average cost of rent.
The annual report of the Canada Mortgage and Housing Corporation says the average rent for a two-bedroom residence in Halifax jumped 9.3 per cent between 2021 and 2022, hitting $1,449 per month. That rise is well above the national average increase of 5.6 per cent, which brought the average rent for a two-bedroom unit in Canada to $1,258 monthly.
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