average rent prices 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%.

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.

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.

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.

Canadian rent price growth slows to lowest level in 13 months

July 10, 2024 No Comments

In June, the average rent price in Canada rose 7% year-over-year, marking the slowest growth rate in 13 months.

Average Canadian rent hits an all-time high of $2,202

June 6, 2024 No Comments

Average rents across Canada are now up 32% from their pandemic lows.

Asking rent prices in March up 8.8% from year ago, but down from February: Urbanation

April 16, 2024 No Comments

A new report says the asking rent for a home in Canada in March was up 8.8% compared with a year ago, but down from February.

Despite slowdown in Toronto and Vancouver, asking rents still up 8% from last year

December 12, 2023 No Comments

Rent prices moderated slightly in November, but remain 8% higher compared to a year ago and over 20% from two years ago.

Rent prices are up $175 in the past six months and have pushed rent inflation to a 30-year high

November 13, 2023 No Comments

The average asking rent in Canada has increased by about $175 over the past six months, and is now nearly 10% higher compared to a year ago.

Canadian rent prices hit a record high in June

July 16, 2023 1 Comment

Average rent prices hit a record high in June, driven higher by strong population growth and continued demand outpacing new supply.

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