Urbanation rent report

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.

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.

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.

Canadian rent prices hit a record high in June

July 16, 2023 1 Comment

Average rent prices hit a record high in June, driven higher by strong population growth and continued demand outpacing new supply.

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.

Average rent in Canada is up 20% over the last two years: Rentals.ca

May 16, 2023 No Comments

Average rents across Canada are now up over 20% since rebounding from their pandemic lows. The average asking rent in April was $2,002, unchanged from

Average rent in Canada rises back above $2,000, and over $3,000 in the GTA

April 24, 2023 No Comments

After easing over the winter months, rent prices are back on the rise across Canada.

Rents decline for third straight month, but remain 10% higher than last year

March 14, 2023 No Comments

Average rents in Canada may have declines for the third consecutive month, but they still remain 9.7% higher compared to a year ago.