Urbanation 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.

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.

‘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.

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.

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.

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.

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.

Urbanation