The 10 Minute Take - If Home Prices Are Falling, Why Are Rents Through The Roof?

April 28, 2023 | Brian Moore


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The 10-Minute Take podcast from RBC Economics will explain (in simple terms) what the latest economic data means and why you should care.

RBC Economics - The 10 Minute Take

Just as house prices in Canada start to cool off, rent costs are heating up. What’s driving the increase? Declining affordability comes to mind as high home prices push more would-be buyers into rentals. But are other factors at play? And just how pricey can the rental market get? On this special episode of the Ten Minute Take, Rachel Battaglia from the RBC Economics team talks us through the ups and downs of Canada’s home rental market-and what’s next.

 

Click here for the full podcast; The 10 Minute Take.