Rising rent prices in Canada remain tough to clearly track

Yahoo Finance quoted Thomas Davidoff, a UBC economist, for a story on rising rents in Vancouver.

Vancouver rents jumped 15 per cent from April to August this year, according to rental data collected from Craigslist by Davidoff.

“On an annualized basis, I’m finding rents are going up since March,” Davidoff said.

The article reported that Davidoff’s finding conflict with those on Padmapper, a site that aggregates rental listings from more sites including Craigslist, ViewIt and Kijiji. Some possible reasons for the discrepancy include a lack of cohesive data and the building of new condos.