rentals.ca monthly report Archives - Page 2 of 3 - Mortgage Rates & Mortgage Broker News in Canada

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.

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.

Average rent in Canada is up 20% over the last two years: Rentals.ca

May 16, 2023 No Comments

Average rents across Canada are now up over 20% since rebounding from their pandemic lows. The average asking rent in April was $2,002, unchanged from

Average rent in Canada rises back above $2,000, and over $3,000 in the GTA

April 24, 2023 No Comments

After easing over the winter months, rent prices are back on the rise across Canada.

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.

Hurdles to homeownership driving up rental demand: CMHC

January 27, 2023 No Comments

Rising interest rates are partially to blame for a slowdown in Canadians transitioning from renting to homeownership, Canada’s housing agency reported.

The average rent in Canada has surpassed $2,000

December 19, 2022 No Comments

The cost of rent in Canada has been on an uptrend since the pandemic, and in November the average monthly rent reached $2,024.

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