National Rent Report
Canadian Apartment Magazine
Rental prices return to 2021 levels
Canada’s latest National Rent Report shows rental prices declining for the 19th straight month, bringing average rents back in line with levels last seen three years ago.
Canadian Apartment Magazine
Canada’s average rent drops to three‑year low
Canada’s rental market continued its downward slide in March, with the average asking rent falling for the 18th straight month to $2,008
Canadian Apartment Magazine
Canada’s average rent continues to fall
The average rent for vacant residential units fell 2.8 per cent year-over-year in February, marking the 17th straight month of annual declines.
Canadian Apartment Magazine
Rental prices hit a 30‑month low in December
According the latest National Rent Report, rental prices are likely to continue trending down in the near-term as the current conditions persist.
Canadian Apartment Magazine
Residential rent prices continue to slide
Average residential rent prices in Canada have fallen for the 11th consecutive month in August, according to the latest National Rent Report.
Canadian Apartment Magazine
Canadian rent prices continue to cool
The decline in rent prices is most notable in the largest and priciest cities, but the cooling trend is starting to spread nationwide.
Canadian Apartment Magazine
Canadian rental market sees modest gains in April
The average asking rent for residential properties in Canada rose 0.4 per cent in April to $2,127, reaching a five-month high
Canadian Apartment Magazine
Rent growth in Canada continued to fall in January
The average asking rent in Canada for all residential properties in January continued to fall for the fourth consecutive month to $2,100.
Canadian Apartment Magazine
Asking rents in Canada declined 3.2% in 2024
Hitting a 17-month low of $2,109, the average asking rents for all residential property types in Canada dropped 3.2 per cent in 2024.
Canadian Apartment Magazine
Average rents declined slightly in November
Average rents for vacant rental units in Canada declined in November 2024, marking a 15-month low, in a sign that affordability is improving.
Canadian Apartment Magazine
Rent growth moderates for third consecutive month
The annual rate of rent growth in Canada moderated for the third consecutive month, with the average rent in November reaching $2,174.
Canadian Apartment Magazine
Canada’s average asking rents hit record high in June
Average asking rents in Canada hit a record high of $2,042 in June, surpassing the previous record set in November 2022 by 0.9 per cent.
Canadian Apartment Magazine
Canada’s average asking rent up 20% since 2021
Canada’s average asking rent has risen 20 per cent since the pandemic low of April 2021, up to $2,002 representing an increase of $340 per month.
Canadian Apartment Magazine
March data shows rent growths are reaccelerating
According to March data from rentals.ca and Urbanation, average rents in Canada were up 1 per cent for the first time since November.
Canadian Apartment Magazine
Annual rent increase more than doubles average wage increase
Annual average rent in Canada rose 11.8 % in October, which is more than double the average hourly wage increase of 5.6 %.
Canadian Apartment Magazine
Rents in September 2022 reached historic highs
Rents in September 2022 for all rental properties in Canada reached historic highs, with the average monthly asking price exceeding $2,000.
Canadian Apartment Magazine
Rent price trends from coast to coast
Though up significantly since last year, the average rent price for all Canadian properties in June 2022 was still 3.5 per cent lower than the pre-pandemic level.
