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 Rentals.ca | Jun 23, 2023 | Rent Reports, Toronto
Three days before voters go to the polls, more than half of the respondents in an opinion poll conducted by Rentals.ca of renters in Toronto, are still undecided on their choice for Toronto’s next mayor. When asked “which candidate do you plan to vote for mayor of the...
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...
by Urbanation | May 15, 2023 | Rent Reports
Rent Growth Reaccelerates in March After a brief moderation during the winter, rents reaccelerated as the Canadian rental market entered the spring. Asking rents for all available property listings increased 1.0% monthly and 10.8% annually to reach an average of...
by Urbanation | Apr 12, 2023 | Rent Reports
Rents have Moderated Over the Past 3 Months Asking rents in Canada increased 9.7% annually to an average of $1,984 in February. The annual rate of rent inflation has been moderating since reaching a high of 12.4% in November 2022. Rents decreased 0.6% from January...
