Rents continued to climb across the country in November, surpassing the $2,000 mark nationally with renters paying $224 more, on average, compared to a year prior. This is according to a new national rent report by Rentals.ca and Urbanation, based on data from RentFaster.ca.

November’s national average appreciated 2.5% month over month, 12.4% year over year, 4.9% in the past three months, and 10.5% since November 2019, the report says.