The Rental Market

average asking rents

Canada’s average asking rent tops $2,200 per month

Average asking rents in Canada increased 9.3 per cent year-over-year in May, reaching a record-high $2,202 per month according to the latest data from Rentals.ca and Urbanation.
GTHA housing starts

Record-high housing starts bolster supply in GTHA

According to new data from Urbanation, an increase in GTHA housing starts and completions over the past 12 months have led to higher vacancies.

Making a case for micro-unit apartments

As housing affordability and climate concerns continue to reach crisis levels, micro units are emerging as a promising, low-cost solution thanks to innovative design concepts improving interior efficiencies.
real estate

Ontario’s shifting real estate landscape

As we head into Q2-2024, a significant shift in Ontario’s real estate landscape has occurred, putting the rental market front and centre amid declining home sales.
rental housing

COVID-19’s impact on housing affordability

CMHC's Mathieu Laberge shares his perspective on housing affordability in Canada since COVID and what can be done to weather these challenging times.
Place Versailles

The push for more purpose-built rental housing

Strong rental demand continued to outpace supply in 2023 resulting in less available purpose-built rental apartments and lower affordability, according to new report from CMHC.
Vancouver boasts all-asset lowest vacancy rates

Vancouver boasts all round lowest vacancy rates

Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
rental homes

Registered rental homes in BC increased by 30% in 2023

New data from BC Housing shows that a record number of purpose-built rental homes were registered in BC for the second year in a row.
average asking rents

Average asking rents reach record high in 2023

Average asking rents for all property types in Canada increased by 9 per cent in 2023, reaching a record-high $2,178 in December
rent growth

New Rental Market Industry Index coming soon

Rentals.ca has partnered with Statistics Canada to create the Rental Market Industry Index, a new data-based resource for landlords, renters and policymakers.
fall economic statement

The road to more rental housing

Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.
rent growth

New data indicates rent growth may be slowing

While most major cities across Canada experienced rent growth in September, there are indications the market may be slowing.
GST rental rebate

Canada’s Enhanced GST Rental Rebate program

The Canadian government announced it is removing the Goods and Services Tax (GST) on future purpose-built rental projects via the "Enhanced GST Rental Rebate" program.
student housing

Canada’s student housing pipeline

With skyrocketing rents and demand outstripping supply, the inability for many to find suitable, affordable student housing has dominated recent headlines.
rent growth

Rent growth shows no signs of abating

Rent growth continues to accelerate in Canada’s apartment market as the economy outperforms expectations and demand exceeds new supply.
Multifamily asset values hold steady

Multifamily asset values hold steady

Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.
Scarborough Village

Gateway to Scarborough Village

The aging plaza at 3730 Kingston Rd. in south Scarborough is poised to become a vibrant, mixed-use community hub, pending approval from Toronto City Council.