Tag: rental affordability
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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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Canada’s Rental Prices Drop: March 2025 Rent Report & Trends

Canada’s Rental Market Sees Fifth Consecutive Monthly Decline The March 2025 Rentals.ca Rent Report reveals a continued decline in average asking rents across Canada. In February, rents dropped 4.8% year-over-year, bringing the average rent down to $2,088, the lowest since July 2023. This trend reflects a major shift from February 2024, when rents had surged…