rent prices in canada

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.

‘Turning point’: Rent prices should see relief this year, but markets still tight

January 26, 2025 1 Comment

For Canadian renters, it may feel like the years since the COVID-19 pandemic have brought one hit after another.

Rent prices fall to 15-month low: Rentals.ca

December 10, 2024 No Comments

Average asking rents were down 1.6% on an annual basis, marking the first year-over-year decline since the pandemic.

Rent inflation to slow in the next few years, Desjardins predicts

November 14, 2024 No Comments

The rate at which Canadian rental prices are increasing should slow in the coming years as the government’s plan to cut back immigration numbers takes hold, a new report from Desjardins says.

National rent prices decline year-over-year for first time since pandemic: report

November 7, 2024 No Comments

Average asking rents declined nationally on a year-over-year basis for the first time in more than three years in October, said a report out Thursday.

Canadian rent price growth slows to lowest level in 13 months

July 10, 2024 No Comments

In June, the average rent price in Canada rose 7% year-over-year, marking the slowest growth rate in 13 months.

Average Canadian rent hits an all-time high of $2,202

June 6, 2024 No Comments

Average rents across Canada are now up 32% from their pandemic lows.

A realtors sign advertises a house as for sale or for rent, in Ottawa on June 9, 2023. THE CANADIAN PRESS/Adrian Wyld A realtors sign advertises a house as for sale or for rent, in Ottawa on June 9, 2023. THE CANADIAN PRESS/Adrian Wyld

Average asking rent prices reach $2,193 in February, up 10.5% from 2023

March 11, 2024 No Comments

A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5% jump year-over-year and the fastest annual growth since September 2023.

Canada’s average rent price hit a new record high in January

February 14, 2024 No Comments

The average asking rent in Canada continued to creep higher in January, reaching a new record high of nearly $2,200.

Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

January 31, 2024 No Comments

The Canada Mortgage and Housing Corp. says rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since it began tracking that data in 1988.

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