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2 clusters · 10 sources · 3 days · First seen · Last updated

Canadian rental market price trends

Overview

Reports from October and November 2026 indicate a period of varied price movements across the Canadian rental market. In October, average asking rents nationwide fell 3.2 per cent year-over-year, marking 25 consecutive months of annual declines. While regions such as Calgary, Edmonton, and much of Ontario saw price drops, experts noted that declining supply could lead to rising costs in Toronto and Vancouver.

By November, specific regional shifts became more pronounced. In Langley, average rents continued to decrease, with one-bedroom units falling 5.9 per cent year-over-year. This trend contrasted with Vancouver and Toronto, which both recorded their first annual rent increases after more than two and a half years of declines. Nationally, while annual rents remained down, monthly rents saw a slight increase of 0.1 per cent from October.

Entities

Rentals.ca · Urbanation · Vancouver · British Columbia · Langley

Timeline

  1. [BUSINESS] 6 sources
    Langley rental prices decline amid rising costs in Vancouver and Toronto

    Langley's asking rents have declined, with one-bedroom units down 5.9 per cent year-over-year, while Vancouver and Toronto reported their first annual rent increases in over two years.

  2. [BUSINESS] 4 sources
    Canadian rental and housing markets show varied price declines

    Canadian rental prices fell 3.2 per cent year-over-year in October. While B.C. rents have dropped 10 per cent over three years, Calgary faces apartment price declines due to oversupply.

Sources

aldergrovestar.com · am1150.ca · cheknews.ca · dailyhive.com · goldstreamgazette.com · langleyadvancetimes.com · mortgagestrategy.co.uk · propertyinvestortoday.co.uk · vancouver.citynews.ca · winnipegfreepress.com