by REM Editorial Team | Mar 11, 2025 | News
For the fifth consecutive month, average asking rents in Canada have dropped year-over-year, hitting their lowest level since July 2023. According to the latest Rentals.ca and Urbanation report, February saw a 4.8 per cent decline in rents compared to the previous...
by Daniel Foch | Jan 16, 2025 | Columnists
CREA released their December statistics along with their hallmark annual optimism heading into January. The big question on everyone’s mind is whether or not that optimism is warranted moving into 2025’s real estate market. CREA also seems to feel that we can see a...
by REM Editorial Team | Dec 16, 2024 | News
Average asking rents for residential properties in Canada fell to $2,139 in November, marking a 15-month low, according to the National Rent Report by Rentals.ca and Urbanation. This represents a 1.6 per cent year-over-year drop and a 0.6 per cent decrease compared to...
by REM Editorial Team | Nov 13, 2024 | News
For the first time since July 2021, average asking rents for all residential property types in Canada saw an annual drop in October. According to the latest report from Rentals.ca and Urbanation, rents dropped 1.2 per cent compared to October 2023, bringing the...
by REM Editorial Team | Jan 18, 2024 | News
Last December, the average rent across Canada reached a record-high of $2,178, representing an 8.6 per cent jump from the same time in 2022. During that year, rents went up over 12 per cent and in 2021, 4.6 per cent. Throughout 2023, asking rents went up by 9 per...