rent prices in canada

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.

Canadian rent prices end 2023 at record high

Canadian rent prices end 2023 at a record high, up 22% in two years

January 17, 2024 No Comments

Rent prices resumed their upward trajectory in December, ending the year 8.6% higher from a year ago.

Despite slowdown in Toronto and Vancouver, asking rents still up 8% from last year

December 12, 2023 No Comments

Rent prices moderated slightly in November, but remain 8% higher compared to a year ago and over 20% from two years ago.

High immigration contributing to housing inflation, BoC says

December 7, 2023 No Comments

While spending by newcomers to Canada is having a negligible impact on headline inflation, it is contributing to elevated housing and rent prices, the Bank of Canada says.

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