by Urbanation | Oct 13, 2023 | Rent Reports
Average asking rents in Canada increased 1.8% monthly and 9.6% annually to reach another record high of $2,117 in August. While the annual rate of inflation for asking rents was lower than the 12.0% increase recorded a year ago in August 2022, it represented a...
by Urbanation | Sep 12, 2023 | Rent Reports
The average asking rent in Canada reached another record high of $2,078 in July. Rents increased 8.9% annually, the fastest pace of growth of the past three months. The 1.8% increase in average asking rents over June represented the fastest month-over-month growth of...
by Urbanation | Aug 10, 2023 | Rent Reports
Average asking rents in Canada hit a record high of $2,042 in June, surpassing the previous record set in November 2022 ($2,024) by 0.9%. The 1.4% increase in rents from May represented the fastest month-over-month increase so far this year, causing the annual rate of...
by Urbanation | Jul 11, 2023 | Rent Reports
The annual rate of inflation for asking rents in Canada was 6.5% in May 2023, representing the slowest year-over-year growth since December 2021. National OverviewRents Grow by Slowest Pace in 17 Months But asking rents increased 0.6% month over month in May to an...
by Urbanation | Jun 9, 2023 | Rent Reports
Average Rents Up 20% Since Pandemic Low Canadawide asking rents remained above $2,000 in April at an average of $2,002, effectively unchanged from March 2023 ($2,004) and increasing 9.6% year over year from April 2022 ($1,827). Compared to the pandemic-low in April...
