average rent in canada Archives - Mortgage Rates & Mortgage Broker News in Canada

The national average asking rent in April

Average asking rents down annually for seventh straight month at $2,127: report

May 8, 2025 No Comments

The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8%.

Rent prices fall 5% in February, reaching lowest level since July 2023

March 11, 2025 No Comments

Average asking rents nationally were down 4.8% year-over-year in February, reaching the lowest level since July 2023.

Rent prices across Canada fall to 18-month low

February 6, 2025 No Comments

Average rents across Canada continued to drop in January, reaching an 18-month low, according to the latest data from Rentals.ca and Urbanation.

Average rents across Canada fall to lowest level in over a year

January 9, 2025 No Comments

The average asking rent across Canada fell to $2,109 in December, marking its lowest point in 17 months, according to the latest data from Rentals.ca and Urbanation.

Rents rise 2.1% in September, marking fifth straight monthly slowdown: report

October 9, 2024 No Comments

A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1% year-over-year.

Rent increases in smaller markets outweigh declines in big cities in August: report

September 11, 2024 No Comments

A new report says August rental rates fell in some of Canada’s largest and priciest markets to continue a months-long trend, while prices rose in smaller markets.

Canadian rent growth hits two-year low with 5.9% annual rise in July

August 7, 2024 No Comments

Average rents across Canada were up an annualized 5.9% in July, marking the slowest pace of growth in nearly two and a half years.

Asking rent prices in March up 8.8% from year ago, but down from February: Urbanation

April 16, 2024 No Comments

A new report says the asking rent for a home in Canada in March was up 8.8% compared with a year ago, but down from February.

Rent prices are up $175 in the past six months and have pushed rent inflation to a 30-year high

November 13, 2023 No Comments

The average asking rent in Canada has increased by about $175 over the past six months, and is now nearly 10% higher compared to a year ago.

Average rent prices rose 10% to a new record high in August

September 25, 2023 No Comments

Rent prices continued to rise in August with the national average asking price reaching a new record high of $2,117, up nearly 10% from last year.

average rent in canada