May National Rent Report

average asking rents

Canadian Apartment Magazine

Average annual rent increases cooled slightly in May 

The average annual rent for vacated units in Canada rose 6.5 per cent in May, marking the lowest annual increase since December 2021.
Tofino

Canadian Apartment Magazine

Rents are rising in most major areas

Although average monthly rents continued to decline on a national basis, rents are rising regionally according to the latest rent report from Rentals.ca.