The Rental Market
Average asking rents declined in February
The average asking rent for all residential properties in Canada fell to $2,088 in February, marking a 4.8 per cent annual decline.
Doug Ford wins third term as Ontario Premier
Ontario residents have voted to re-elect Doug Ford in the 2025 provincial election, securing a historical third term and majority win for the Ontario PC Party.
New survey reveals Canada’s top trending rental markets
Winnipeg retains the top spot as the most sought-after Canadian city for renters on the RentCafe platform.
Starlight completes new Barrie infill project
Starlight's latest rental project, The Shoreview, brings 215 rental suites to the city of Barrie, Ontario, overlooking the Lake Simcoe waterfront.
Canada’s rental development efforts
Altus Group explores the impacts of new policies aimed at increasing rental supply including tax incentives, construction loan programs, and grants.
Fiera expands Calgary apartment portfolio
Fiera Real Estate CORE Fund announced it has acquired four newly constructed Calgary rental properties in two separate transactions.
Asking rents in Canada declined 3.2% in 2024
Hitting a 17-month low of $2,109, the average asking rents for all residential property types in Canada dropped 3.2 per cent in 2024.
Trudeau’s resignation marks end of an era
Justin Trudeau has resigned as the leader of the Liberal Party after nearly a decade of serving as Canada’s prime minister.
Average rents declined slightly in November
Average rents for vacant rental units in Canada declined in November 2024, marking a 15-month low, in a sign that affordability is improving.
Quebec City rated “best choice” for renters saving to buy
A recent analysis conducted by Money.ca reveals that Quebec City is the best option for prospective homebuyers looking to rent while saving for a home in Canada.
New report reveals Canada’s trending cities
A new report from RentCafe identifies Canada's top trending cities in Q3 2024 from the perspective of current and would-be renters.
New PBSA coming to Toronto’s Cabbagetown
Forum Asset Management recently celebrated the ground-breaking of the ALMA @ Cabbagetown, a new student housing building located at 307 Sherbourne Street.
Canada’s annual rent growth slows to 2%
Average asking rents in Canada rose by 2.1 per cent in September, marking the smallest annual rent growth since October 2021.
Overcoming the hurdles of construction
As Medallion Corporation sets out construct six new rental developments in Toronto, Oshawa and Ajax, the road forward hasn’t been easy.
Concordia releases AI-driven rental market research
New AI-driven research from Concordia University, in partnership with Equiton, provides insights into the future of Canadian rentals and housing affordability.
Annual rent growth returns to longer-term average
Asking rents for purpose-built and condominium apartments in Canada rose by 4.7 per cent, marking the slowest annual rate of rent growth in nearly three years.
Rent growth slows to lowest rate in two years
According to Rentals.ca, the annual rate of rent growth in Canada has slowed to its lowest rate in over 31 months.