Canada’s real estate slump is hitting the rental market. Rentals.ca data shows average rent fell in December, now at the lowest level since mid-2023. High-priced cities accounted for virtually the whole drop, while affordable cities led growth. The divergence has cut the gap between the most and least expensive cities in half. Are expensive markets […]
There’s plenty of supply for Canadian renters—if they can actually afford it. The CMHC’s 2025 Rental Report shows vacancy rates have more than doubled record lows. They note the increase helped slow price growth in purpose-built rentals (PBRs). Unfortunately, slow isn’t low—and far from a contraction. Rental prices continue to grow much faster than income. […]
One of Canada’s biggest drivers of inflation is overstated, according to a Big Six bank. A new report from CIBC Economics warns investors that official CPI rent inflation overstates growth. This implies the Bank of Canada (BoC) may be keeping rates higher than needed. It’s a disturbing argument with one problem: It’s not clear if […]
Canadian real estate investors (and the affordability advocates who hate them) may want to take note: soaring rents are no longer being driven by big cities. Statistics Canada (StatCan) data shows one-bedroom rents in Q3 2025 are falling in high-cost markets like Toronto and Vancouver, while cheaper cities are seeing the fastest growth. It’s a […]
Canadian housing starts are soaring—even as demand crashes, especially in major markets. CMHC data shows new home starts climbed in June, hitting one of the highest levels in years. That may seem like a shift in market confidence, but BMO is warning it’s anything but. Developers are pivoting into rentals as homebuyers retreat, with a […]
