rent

Asking rent prices in March up 8.8% from year ago, but down from February: Urbanation

April 16, 2024 No Comments

A new report says the asking rent for a home in Canada in March was up 8.8% compared with a year ago, but down from February.

Cautious optimism for federal plan to let rent count toward credit scores

March 31, 2024 No Comments

The federal government’s commitment to have rent payments counted toward credit scores is being welcomed by companies that already offer the service, while renter advocates have raised concerns.

A realtors sign advertises a house as for sale or for rent, in Ottawa on June 9, 2023. THE CANADIAN PRESS/Adrian Wyld A realtors sign advertises a house as for sale or for rent, in Ottawa on June 9, 2023. THE CANADIAN PRESS/Adrian Wyld

Average asking rent prices reach $2,193 in February, up 10.5% from 2023

March 11, 2024 No Comments

A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5% jump year-over-year and the fastest annual growth since September 2023.

Canada’s average rent price hit a new record high in January

February 14, 2024 No Comments

The average asking rent in Canada continued to creep higher in January, reaching a new record high of nearly $2,200.

Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

January 31, 2024 No Comments

The Canada Mortgage and Housing Corp. says rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since it began tracking that data in 1988.

Canadian rent prices end 2023 at record high

Canadian rent prices end 2023 at a record high, up 22% in two years

January 17, 2024 No Comments

Rent prices resumed their upward trajectory in December, ending the year 8.6% higher from a year ago.

Despite slowdown in Toronto and Vancouver, asking rents still up 8% from last year

December 12, 2023 No Comments

Rent prices moderated slightly in November, but remain 8% higher compared to a year ago and over 20% from two years ago.

Rent prices are up $175 in the past six months and have pushed rent inflation to a 30-year high

November 13, 2023 No Comments

The average asking rent in Canada has increased by about $175 over the past six months, and is now nearly 10% higher compared to a year ago.

Average rent prices rose 10% to a new record high in August

September 25, 2023 No Comments

Rent prices continued to rise in August with the national average asking price reaching a new record high of $2,117, up nearly 10% from last year.

Canadian rent price growth eases, but upward pressure expected to persist

June 14, 2023 No Comments

Average rent prices have posted their slowest pace of annual growth in a year and a half, but are expected to continue rising, particularly with interest rates once again moving higher.

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