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...
September 2023 Rentals.ca Report

September 2023 Rentals.ca Report

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...
Rentals.ca August 2023 Rent Report

Rentals.ca August 2023 Rent Report

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...
Rentals.ca July 2023 Rent Report

Rentals.ca July 2023 Rent Report

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...
Rentals.ca June 2023 Rent Report

Rentals.ca June 2023 Rent Report

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...