Movements in asking rents are only gradually and partially reflected in CPI-rent inflation https://www.bankofcanada.ca/?p=255875 Asking rents Asking rents CPI-rent CPI-rent 7.72.6 4.61.9 1.40.0 1.0-2.2 -2.90.5 0.01.9 2.00.7 2.15.9 3.87.4 4.410.2 4.617.3 5.515.4 15.85.5 15.25.8 11.06.4 7.810.3 8.27.1 8.64.6 8.50.0 7.4-1.6 5.7-2.2 -2.24.8 0.04.8 4.9-1.7 4.2-1.7 -2.83.6