Average asking rents decrease for sixth straight month to $2,119: report
- The national average asking rent in Canada was $2,119 in March, marking the sixth straight month of year-over-year declines.
- Average asking rents declined 2.8% in March compared to the previous year, with Ontario recording the steepest rent declines of 3.5%.
- Urbanation president Shaun Hildebrand said rents are likely to continue facing downward pressure due to expected negative economic impact and job losses caused by the trade conflict with the U.S.
25 Articles
25 Articles
Rent in Canada is starting to rise again — but these cities have sneaky deals
After six straight months of declines, rent in Canada is heading back up — and Canadian renters considering a move might want to act fast. According to the latest National Rent Report from Rentals.ca and Urbanation, the average asking rent across the country rose by 1.5% in March. That marks the first monthly increase since September 2024, and it could signal a shift in the rental housing market Canada hasn't seen in half a year.Nationwide, the …

Average asking rents decrease for sixth straight month to $2,119: report
A new report says the national average asking rent in March was $2,119, marking the sixth straight month of year-over-year declines. The monthly data provided by Rentals.ca and Urbanation, which analyzes listings in the former's network, says rents were down 2.8 per cent last month compared with...
Asking rents up for first time in six months; says new report
For the first time in six months, asking rents have seen a monthly increase across Canada. In this month’s rents report by Rentals.ca, it found the average asking rent for […] The post Asking rents up for first time in six months; says new report appeared first on My Comox Valley Now.
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