Rentals.ca
Canadian Apartment Magazine
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
Canadian Apartment Magazine
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.
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
Rentsync announces merger with software creator, Building Stack
Toronto-based marketing solutions provider, Rentsync, has merged with Montreal-based software creator, Building Stack.
Canadian Apartment Magazine
Average asking rent in Canada hits new high
For the sixth month in a row, average asking rents for vacant rental units in Canada rose to new heights, reaching $2,178 for all property types.
Canadian Apartment Magazine
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.
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
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.
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
Average rent in Ontario up 13.5 per cent
Ontario placed third among provinces in January for average annual rent increases, up 13.5 per cent for condo rentals and apartments.
Canadian Apartment Magazine
Average monthly rents top $2,000 in Canada
Average monthly rents have surpassed $2,000 in Canada with no signs of slowing according to latest National Rent Report from Rentals.ca and Urbanation.
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
National average rent eclipses September 2019 peak
The national average rent reached $1,959 in August, topping the September 2019 peak by a few dollars according to the latest National Rent Report.
Canadian Apartment Magazine
Demand for rentals soars in downtown Toronto
Demand for rentals in downtown Toronto soared in July, 2022, and will continue to accelerate in the short-term.
Canadian Apartment Magazine
Canada’s residential rents continue to rise
Average residential rents in Canada are closing in on their pre-pandemic peak, with the median rent reportedly hovering at $1,800 per month for all property types.
