#rent

#rent

Inflation has continued to chip away at our purchasing power despite the modest raises we may have gotten from our employers or the inflation-adjusted boost to various benefits. Indeed, inflation seems more or less tamed when you have a look at the CPI (consumer price index) figures. However, there's a palpable difference between the headline inflation number and what everyday Americans are experiencing. Inflation is cooling, but why does it feel like a 2.7% Cola isn't quite enough? Undoubtedly, nosediving gasoline prices have dragged down the CPI number under the 3% mark. But for the many Americans who don't drive, they're not feeling all too much in the way of relief. Food inflation was a tad hotter than the headline inflation figure at just a hair shy of 3%.

An inspection of the flat found black mould, cracked walls from leak damage and poor flooring, highlighting serious disrepair that affected rental value.

The average asking rent in Montreal has increased by nearly 71% since 2019, hitting $1,930 in early 2025 according to Statistics Canada's report.