According to a survey of 61,350 Quebecers, the top three happiest places in the province are Shefford, with an average LHI score of 81.88, Gaspé (79.76) and Dollard-Des Ormeaux (78.07).
If you're wondering where Montreal landed on this list, it was near the bottom at number 95 out of 100. Montreal got an average LHI score of 67.71, which is lower than the province's 69.65 average LHI.
It looks like the city has got some work to do in regards to its population's happiness.
While the other major Canadian cities saw extraordinary fluctuations in the cost of rental properties after a chaotic year, Montreal's market remained hot.
Year-over-year rents are down 2.2% in the Montreal CMA, according to a report from Rentals.ca and Bullpen Research & Consulting. But looking more closely, this has not resulted in savings for apartment dwellers.
While the average rent for a condo declined 5.4% to $1,895 per month between May 2020 and May 2021, the average rent for an apartment increased 1.3% to $1,634 per month.
For comparison, Rentals.ca said the average apartment rent in May 2019 was $1,354.
Furthermore, the report showed, "the average rent per square foot for rental apartments experienced a 16.4% annual increase, moving from $2.08 psf in May 2020 up to $2.42 psf in May 2021."
The report predicts rents will continue to rise as the pandemic-battered economy begins to recover: "As the vaccine becomes more readily available, and the country starts to open up again, the recent increase in monthly rental rates across the country suggest a slow return to normalcy in Canada," it concluded.
"As the borders open to further immigration, international students and tourism, rental rates are expected to continue to rise. The fall of 2021 could be a busy season for landlords."
Since December 2020, Montreal rent started to decrease a little, while March to April was basically the same. But, it looks like this isn't the case for May, instead, it's starting to go on an upward trend.
When comparing May 2021 to April 2021, we can see there were rather large surges in furnished apartment rates in Plateau-Mont-Royal (+7.07%) and Saint-Laurent (15.03%,) but Verdun's rates for such went down (-5.56%).