rental market
Canadian Apartment Magazine
Renter households outpaced owner households in 2021
The growth of renter households outpaced the growth of owner households in 2021, according to the latest Canadian Housing Survey from Statistics Canada.
Canadian Apartment Magazine
National average rent eclipses September 2019 peak
The national average rent reached $1,959 in August, topping the September 2019 peak by a few dollars according to the latest National Rent Report.
Canadian Apartment Magazine
Demand for rentals soars in downtown Toronto
Demand for rentals in downtown Toronto soared in July, 2022, and will continue to accelerate in the short-term.
Canadian Apartment Magazine
Canada’s residential rents continue to rise
Average residential rents in Canada are closing in on their pre-pandemic peak, with the median rent reportedly hovering at $1,800 per month for all property types.
Canadian Apartment Magazine
GTA rents rise at fastest pace on record
GTA rents in Q2 2022 rose at their fastest pace on record, with smaller units experiencing the strongest growth rates since the pandemic.
Canadian Apartment Magazine
Rent price trends from coast to coast
Though up significantly since last year, the average rent price for all Canadian properties in June 2022 was still 3.5 per cent lower than the pre-pandemic level.
Canadian Apartment Magazine
More Canadians expect to rent forever
According to a new survey from Finder.com more Canadians are giving up on the dream of homeownership and expect to rent forever.
Canadian Apartment Magazine
Landlords still offering incentives in June to attract tenants
Landlords and property managers across Canada are still offering incentives in June 2022 to attract the best tenants for their vacant units.
Canadian Apartment Magazine
April 2022 average rent similar to 2019
Average rent for Canadian rental properties listed on Rentals.ca in April 2022 was $1,821 per month, down just 1.5 per cent from 2019 and 2020.
Canadian Apartment Magazine
Average rent in Canada up 4.4%
After the typical decline in December, average rent in Canada is trending up once again. Fears around the Omicron variant have diminished, and prospective tenants are back on the hunt for rental housing.
Canadian Apartment Magazine
Average rental rates for December 2021
Average rental rates for all Canadian properties in December 2021 reached $1,789 per month — up 3.8 per cent from a year ago, according to the latest National Rent Report.
Canadian Apartment Magazine
Rental market fundamentals forecast to strengthen
Morguard’s 2022 Economic Outlook report predicts Canada's rental fundamentals will improve in 2022 with the easing of pandemic restrictions.
Canadian Apartment Magazine
Municipal rental rates for Q3-2021
Municipal rental rates continue to rise in major markets across Canada according to the latest Rent Report from Bullpen Research & Consulting and TorontoRentals.com.
Canadian Apartment Magazine
Bidding wars are back in the GTA
Average rent continues to rise for residential dwellings in the GTA, and leasing agents have even begun to report bidding wars for prime rental suites.
Canadian Apartment Magazine
Luxury rentals are making a comeback
In a sign of recovery, centrally located luxury rentals in Toronto and Vancouver are increasing in demand and in price, according to the latest National Rent Report.
Canadian Apartment Magazine
Average rent in Canada rises for 2nd straight month
Average rent in Canada increased for the second month in a row, after six straight months of decline, according to the June National Rent Report.
Canadian Apartment Magazine
Rents are rising in most major areas
Although average monthly rents continued to decline on a national basis, rents are rising regionally according to the latest rent report from Rentals.ca.