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...
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...