Rents for new listings continued to surge in 2023, with the average asking rent for all residential property types in Canada reaching a record-high of $2,178 in December 2023, according to a report by Rentals.ca and Urbanation.
Requity Homes hopes its rent-to-own model opens a more flexible path to a mortgage and home ownership for Canadians. It is seeing strong interest from potential buyers, and has just raised $26 million in equity.
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Ottawa, Ontario
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