May 2024 Update Rentals.ca Rent Report

May 2024 Update Rentals.ca Rent Report

Asking rents for all residential property types in Canada remained near a record high in April, averaging $2,188 per month. Rents increased 9.3% annually in April, accelerating from an 8.8% annual growth rate in March. National Overview Asking Rents in Canada Rise 9%...
April 2024 Rentals.ca Rent Report

April 2024 Rentals.ca Rent Report

Asking rents for all residential property types in Canada averaged $2,181 in March, rising 8.8% from a year ago. The annual rate of rent growth slowed somewhat from the 10.5% annual growth recorded in February, as rents experienced a 0.6% month-over-month decrease in...
March 2024 Rentals.ca Report

March 2024 Rentals.ca Report

Asking rents for all residential property types in Canada averaged $2,193 in February, increasing 10.5% year-over-year — the fastest rate of annual growth since September 2023. Rents decreased marginally by 0.1% month-over-month. National Overview Rent Inflation...
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...