national rent prices Archives - Mortgage Rates & Mortgage Broker News in Canada

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.

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.

Average rent prices rose 10% to a new record high in August

September 25, 2023 No Comments

Rent prices continued to rise in August with the national average asking price reaching a new record high of $2,117, up nearly 10% from last year.

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.

Canadian rent price growth eases, but upward pressure expected to persist

June 14, 2023 No Comments

Average rent prices have posted their slowest pace of annual growth in a year and a half, but are expected to continue rising, particularly with interest rates once again moving higher.

Rents decline for third straight month, but remain 10% higher than last year

March 14, 2023 No Comments

Average rents in Canada may have declines for the third consecutive month, but they still remain 9.7% higher compared to a year ago.

Rent prices hig three-year high in August 2022

Canadian rent prices reach a three-year high, up 17% from pandemic lows

September 19, 2022 No Comments

Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic levels.

national rent prices