Urbanation rent report 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%.

Average asking rents decrease for sixth straight month to $2,119: report

April 8, 2025 No Comments

A new report says the national average asking rent in March was $2,119, marking the sixth straight month of year-over-year declines.

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.

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.

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 new report says the 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. For rent and for sale signs are displayed on a house in a new housing development in Ottawa on Friday, Oct. 14, 2022. THE CANADIAN PRESS/Sean Kilpatrick April asking rent

April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

May 10, 2024 No Comments

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

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.

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.

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.

Urbanation rent report