February 2024 Rentals.ca Report

February 2024 Rentals.ca Report

Asking rents for all residential property types in Canada reached another record high in January 2024, increasing 10.0% annually to an average of $2,196. Rents increased 0.8% month-over-month, pushing the annual rate of rent growth to a four-month high. National...
January 2024 Rentals.ca Report

January 2024 Rentals.ca Report

Average asking rents for all residential property types in Canada ended the year at a record-high of $2,178 in December 2023, increasing 8.6% from a year ago in December 2022 ($2,005). National OverviewAsking Rents in Canada Increased 9% in 2023 to Record High Over...
December 2023 Rentals.ca Report

December 2023 Rentals.ca Report

Asking rents for all residential property types in Canada averaged $2,174 in November, holding close to the record high in October ($2,178) with a 0.2% month-over-month decrease. National OverviewRents Up 8% Annually in Canada Despite Slowdown in Vancouver and Toronto...
November 2023 Rentals.ca Report

November 2023 Rentals.ca Report

The annual rate of rent growth in Canada was 9.9% in October, moderating slightly from the 11.1% annual pace in September but representing the second fastest annual increase of the past seven months. Average asking rents increased 1.4% month-over-month in October,...
October 2023 Rentals.ca Report

October 2023 Rentals.ca Report

Asking rents in Canada continued to hit new highs in September, increasing by 1.5% from August and by 11.1% from a year ago to an average of $2,149. With year-over-year growth rising back into double-digits, the annual rate of rent inflation accelerated to a...