Rentals.ca April 2026 Rent Report

Rentals.ca April 2026 Rent Report

Executive Summary Average asking rent in Canada fell to a 35-month low of $2,008 in March. The year-over-year decline in rents, an average of $112 or 5.3%, was the largest in nearly five years, representing the 18th consecutive month of falling rents. Rents fell by...
Rentals.ca March 2026 Rent Report

Rentals.ca March 2026 Rent Report

Executive Summary Average asking rent in Canada fell to $2,030 in February, down 2.8% year-over-year to a 33-month low. Rents have declined on an annual basis for the 17th consecutive month, as well as falling by 1.3% on a month-over-month basis, the largest decrease...
Rentals.ca February 2026 Rent Report

Rentals.ca February 2026 Rent Report

Executive Summary Average asking rent in Canada fell to $2,057 in January, down 2.0% year-over-year to a 31-month low. Rents have declined for 16 consecutive months, but the annual rate of decline slowed for the third month in a row. Purpose-built rentals remained...
Rentals.ca January 2026 Rent Report

Rentals.ca January 2026 Rent Report

Executive Summary Average asking rent in Canada fell to $2,060 in December, down 2.3% year-over-year to the lowest level in two and a half years. Rents declined for the 15th straight month, ending 2025 down 5.4% over two years, but still 14.1% above December 2019...
Rentals.ca December 2025 Rent Report

Rentals.ca December 2025 Rent Report

Executive Summary Rents declined 3.1% year-over-year to $2,074, marking the lowest level since June 2023 and falling $100 below the level from two years ago. Purpose-built rents remained the most stable and affordable, with a modest 2.0% annual decline to $2,060....
November 2025 Rentals.ca Report

November 2025 Rentals.ca Report

November 2025 Rent Report Highlights Rents declined year-over-year for the 13th consecutive month, but the 2.2% annual drop in October was the smallest in nearly a year, suggesting a softening in declines. Purpose-built rentals remained stable (-0.7% YoY), while...