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...
by REM Editorial Team | Oct 17, 2023 | News
While most major markets in Canada reported rent increases in September, a potential sign of a slowdown is emerging, particularly in Toronto. The latest National Rent Report by Rentals.ca and Urbanation reveals that the Canadian rental market has continued its upward...
by REM Editorial Team | May 16, 2023 | News
Average asking rents in Canada experienced a significant increase of 20 per cent in April, reaching $2,002 for all property types. This surge comes in comparison to the pandemic low recorded in April 2021 at $1,662, according to the latest National Rent Report from...