
Urbanation rent report


Average Canadian rent hits an all-time high of $2,202
Average rents across Canada are now up 32% from their pandemic lows.

April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report
Asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January.

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

Average asking rent prices reach $2,193 in February, up 10.5% from 2023
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
The average asking rent in Canada continued to creep higher in January, reaching a new record high of nearly $2,200.

Canadian rent prices end 2023 at a record high, up 22% in two years
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
Rent prices moderated slightly in November, but remain 8% higher compared to a year ago and over 20% from two years ago.

Canadian rent prices hit a record high in June
Average rent prices hit a record high in June, driven higher by strong population growth and continued demand outpacing new supply.

Canadian rent price growth eases, but upward pressure expected to persist
Average rent prices have posted their slowest pace of annual growth in a year and a half, but are expected to continue rising, particularly with interest rates once again moving higher.