Montreal's landlords are bumping up prices to whittle down applicants even as vacancy rate increases

Without more control and a registry for apartment rental costs, Montreal's landlords are continuing to increase the price — sometimes even during the application process.

After the housing crisis that struck the city last year, the vacancy rate for Montreal's apartments has risen to 2.7 per cent in 2021, according to the Quebec Landlords’ Association. While that makes for more available apartments in the city, prices aren't dropping to match the increased supply, and prospective renters have been claiming rents are rising during the application process. Read More