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National Rent Report

Canadian Rents Have Fallen for Two Straight Years

Toronto – October 7, 2026 – The average asking rent for all residential properties in Canada was $2,034 in September, down 4.2% year-over-year, according to the latest National Rent Report from Rentals.ca and Urbanation, marking the 24th consecutive month of annual rent ...

Nearly Half of Renters Signed a Lease This Summer as Move-In Incentives Remained Widespread, Rentals.ca Survey Finds

Toronto, ON — October 1, 2026 — Rentals.ca's latest Renter Pulse Survey finds that nearly half of Canadian renters (48.1%) signed a lease in the past three months, even as two-thirds (68.1%) described the search as somewhat difficult or difficult. Incentives were widespr...

Statistics Canada Population Revisions Show New Supply, Not a Shrinking Population, Is Driving Down Rents

Toronto – September 29, 2026 – Substantial revisions to Statistics Canada's population estimates, stretching back nearly five years to Q4 2021, indicate that new housing supply, rather than a declining population, is the primary force behind the softening of Canada's ren...

29 September 2026

Tariffs Emerge as New Pressure on Canada's Rental Market, With Toronto and Vancouver Most Exposed

Toronto - September 22, 2026 - Tariffs are emerging as a new source of pressure on Canada's rental market, according to a new analysis from Rentals.ca and Urbanation. Average asking rents have already fallen 4.8% over the past year, driven by a wave of new supply and a s...

National Rent Report

National Rents Fall for First Time in Five Months as Annual Decline Widens to 4.8%

Toronto – September 9, 2026– The average asking rent for all residential properties in Canada was $2,035 in August, down 4.8% year-over-year, according to the latest National Rent Report from Rentals.ca and Urbanation, marking the 23rd consecutive month of annual rent de...

More Than One in Four Canadian Renters Are Now Using AI to Find a Home

TORONTO, ON, August 18, 2026 — A new analysis from Rentals.ca finds that more than one in four Canadian renters (28.5%) have used AI tools such as ChatGPT or Google Gemini to help with their apartment search, marking the first time Rentals.ca has tracked this behaviour i...

National Rent Report

National Rent Declines Slow as Toronto Shows Signs of Turnaround as Supply Tightens

Toronto – August 6 2026 – The average asking rent for all residential properties in Canada declined 4.0% year-over-year in July to $2,037, marking the 22nd consecutive month of annual rent decreases, according to the latest National Rent Report from Rentals.ca and Urbana...

Canadian Renters Are Searching Below Market: Rentals.ca Regional Survey Analysis

TORONTO, ON, July 20, 2026 — A new regional breakdown of the Rentals.ca Spring Renter Preference Survey finds that in every major Canadian market, the majority of renters are budgeting below current asking rents — with the gap widest in Vancouver and Toronto.

National Rents Extend Seasonal Rebound as Toronto Shows Early Signs of Stabilizing

Toronto – July 8, 2026 – The average asking rent for all residential properties in Canada declined 4.3% year-over-year in June to $2,033, marking the 21st consecutive month of annual rent decreases, according to the latest National Rent Report from Rentals.ca and Urbanat...

8 July 2026

70% of Canadian Renters Say High Rent Prices Are Their Biggest Challenge: Rentals.ca Survey

TORONTO, ON, June 25, 2026 — The newly released Spring Renter Preference Survey from Rentals.ca reveals that affordability remains the defining challenge for Canadian renters, with 70% of respondents identifying high rent prices as the biggest obstacle in their housing s...