SOMETHING.
IS BROKEN.
IN CANADA. pic.twitter.com/pAocZHR116
— Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) June 25, 2024
The average rent for all residential property types in Canada reached an all-time high of $2,202 in May 2024, surpassing the $2,200 level for the first time. This represents a 9.3% annual increase in asking rents.
The methodology, if you want a sleeping aid: https://t.co/o3htm6SmUd
— Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) June 26, 2024
Its from Statistics Canada.
Its the rent portion of CPI basket
All of the charts have that title on the top left.
— Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) June 26, 2024
Here we have wages compounding at 5% YY
Rents are catching up. pic.twitter.com/Id8zeRjIrC— Michael Taylor (@Mike_Taylor1972) June 26, 2024