Tag: Canadian rental market
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Canadian Rents Just Fell at the Fastest Pace in Four Years

January 18, 2026 Canada’s housing slowdown is now clearly spilling into the rental market. New data from Rentals.ca shows average asking rents fell again in December, marking the steepest annual decline in four years and pushing national rents to their lowest level since mid-2023. However, the pullback is far from uniform. Nearly all of the…
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Canadian Rental Vacancies Are Rising, But Rents Still Outpace Wages: CMHC

Canada’s rental market is showing early signs of relief on supply, but affordability remains firmly out of reach for many tenants. New data from the Canada Mortgage and Housing Corporation (CMHC) shows rental vacancy rates climbed sharply in 2025, reaching their highest level in four years. Despite this increase, rents continue to rise faster than…
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Landlords Offering Free Rent and Other Incentives to Attract Tenants in Canada’s Evolving Rental Market

As Canada’s rental market undergoes significant changes, landlords are increasingly offering incentives such as free rent, complimentary Wi-Fi, and other perks to attract tenants. This trend is particularly evident in major urban centers like Toronto, where competition among property owners has intensified due to rising vacancy rates and an influx of new rental units. The…
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Canadian Rents Fall for the First Time in Over Two Years

For the first time since July 2021, Canadian rental prices have experienced a year-over-year decline. The October 2024 Rentals.ca Rent Report shows a 1.2% annual drop in average asking rents across Canada, with the national average now sitting at $2,152. The decline signals a potential shift in Canada’s rental market dynamics, especially in previously high-demand…