The rental price index in Canada has soared since 2002, reaching an all-time high in 2025. In the second quarter the index measured ***** index points, which was a *****percent increase since the base year, 2015. The rent paid on average by households in a certain territory. These figures are seasonally adjusted, which means that the effect of seasonal variations was eliminated from the data.

This table contains data described by the following dimensions (Not all combinations are available): Geography (247 items: Carbonear; Newfoundland and Labrador; Corner Brook; Newfoundland and Labrador; Grand Falls-Windsor; Newfoundland and Labrador; Gander; Newfoundland and Labrador ...), Type of structure (4 items: Apartment structures of three units and over; Apartment structures of six units and over; Row and apartment structures of three units and over; Row structures of three units and over ...), Type of unit (4 items: Two bedroom units; Three bedroom units; One bedroom units; Bachelor units ...).

Revenue for Canadian apartment lessors has gained through the end of 2025. Apartment lessors collect rental income from rental properties, so market forces largely determine their rates. The supply of apartment rentals has grown slower than demand, which has elevated rental rates for lessors' benefit. Favourable economic conditions and demographic trends during most of the period have driven growth in demand. In 2020, the spread of COVID-19 lessened demand for apartment rentals, but the nature of apartment leases prevented a dip in revenue until 2021. Revenue has climbed since 2022 as higher prices and strong demand have fuelled a robust rental market. Revenue has climbed at a CAGR of 1.9% over the past five years and will reach $68.1 billion through the end of 2025. This includes a 2.4% swell in 2025 alone. Climbing vacancies fueled by a historic gain in rental supply will limit rent growth in 2025. The urban population in Canada has continued to expand, fuelling demand for housing in recent years. The supply of apartment rental units has lagged behind demand growth, reflected in low vacancy rates across Canada. Major urban centres have had especially low vacancy rates in recent years. Disposable income has also grown despite significant economic volatility. This has given individuals more funds to cover living expenses, which has enabled lessors to raise rental rates. Favourable macroeconomic conditions are expected to fuel demand for apartment rentals moving forward. Per capita disposable income will climb while vacancy rates remain low. Immigration and urbanization growth will fuel rent growth in major cities, benefiting apartment rental providers. Demand will continue to outpace supply growth, prompting a revenue gain. Revenue will expand at a CAGR of 1.6% through the end of 2030, reaching $73.7 billion in 2030.

In 2023, the rental market in Canada saw the lowest vacancy rate for rental apartments during the observed period. Approximately 1.5 percent of apartments were unoccupied in 2023, down from 1.9 percent the year below. Saskatchewan was the province with the highest vacancy rate, whereas Prince Edward Island and Nova Scotia had the lowest share of unoccupied apartments.

The Canada Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Mode of Sale (Primary and Secondary), Business Model (Sales and Rental) and Region/Province (Ontario, Quebec, British Columbia, Alberta and Rest of Canada). The Market Forecasts are Provided in Terms of Value (USD).

Canada Luxury Residential Real Estate Market Report is Segmented by Property Type (Apartments & Condominiums, Villas & Landed Houses), by Business Model (Sales and Rental), by Mode of Sale (Primary (New-Build) and Secondary (Existing-Home Resale)), and by Province (Ontario, British Columbia, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Potential renters, property owners and even property development professionals can gain valuable information from CMHC’s Rental Market Data. It can be used to price properties, stay competitive and even help determine ideal areas to build or rent. These tables offer a detailed statistical overview of Canada’s urban and rural rental markets. They offer housing professionals, researchers and renters detailed rental market data at the national, provincial and local levels. This includes data on vacancy rates, average rents and more for various types of rental housing across Canada.

TRREB Releases 2022 Q4 Rental Market Statistics Average condominium apartment rents continued to increase by double-digit annual rates in the fourth quarter of 2022. However, while market conditions remained tight enough to support very strong rent growth, there was more balance in the rental marketplace compared to the same period a year earlier in 2021. The number of condominium apartment rental transactions reported through the Toronto Regional Real Estate Board9s (TRREB) MLS® System was down on a yearover-year basis by 19.9 per cent in the fourth quarter of 2022. The number of rental listings was also down over the same period, but by a lesser annual rate of 11.8 per cent. The fact that the number of units leased was down by more than the number of units listed suggests that would-be renters benefitted from more choice compared to a year ago. "Strong population growth based on record immigration and robust job creation across a diversity of economic sectors drove rental demand in 2022. In addition, aggressive interest rate hikes by the Bank of Canada impacted affordability for many households, prompting a shift from homeownership to rental. All of these factors will continue to support strong rental demand in 2023," said TRREB President Paul Baron. The average rent for a one-bedroom condominium apartment increased by 19 per cent to $2,503 in the fourth quarter of 2022. Over the same period, the average two-bedroom rent increased by 14.1 per cent to $3,178. "Tight rental market conditions and strong rent increases will be the norm more often than not for the foreseeable future. On one hand, we will continue to experience strong rental demand in the GTA based on solid fundamentals. On the other hand, the persistent supply shortage will continue to result in strong competition between wouldbe renters, exerting upward pressure on rents. The solution is no secret: we need to see new policies pointed on more supply to translate into shovels in the ground for many years to come," said TRREB Chief Market Analyst Jason Mercer.

In 2023, the Canada Real Estate Market reached a value of USD 302.4 million, and it is projected to surge to USD 428.4 million by 2030.

Find the results from CMHC’s 2022 Rental Market Survey (presented in Microsoft Excel tables). These data tables complement the analysis found in the Rental Market Report. Data contained in these tables include: vacancy rate estimates average rents turnover rates universe counts These results are available for Canada, all provinces, and major centres. For 17 Canadian centres, the tables also include results from our Condominium Apartment Survey. This survey covers condominium apartments offered for rent on the secondary rental market in these centres. Datasets available for download

North Vancouver was the most expensive Canadian city for one-bedroom apartment rentals, with a median rent of about ***** Canadian dollars in June 2025. Coquitlam followed behind with a median rent of ***** Canadian dollars.

The Canada Commercial Real Estate Report is Segmented by Property Type (Offices, Retail, Logistics and More), by Business Model (Rental and Sales), by End Use (Individuals / Households, Corporates & SMEs and More) and by Region (Ontario, Quebec, Alberta and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The vacancy rates for private row houses and apartments for rent in urban centres with 2,500 to 10,000 people. Organized by number of bedrooms and province to help rental market professionals make informed business decisions. Note: Data in this series is updated every 5 years in advance of each Census year. This table has been updated from January 28, 2021 to now reflect final data.

This table contains data described by the following dimensions (Not all combinations are available): Geography (37 items: Census metropolitan areas; Saguenay; Quebec; Calgary; Alberta; Edmonton; Alberta ...).

After declining to *** billion U.S. dollars in 2020, the equipment rental market in Canada is not expected to reach its 2019 levels until 2023. In comparison, the U.S. equipment rental market was sized at **** billion U.S. dollars in 2020.

Explore the Redfin Canada Properties Dataset, available in CSV format and extracted in April 2022. This comprehensive dataset offers detailed insights into the Canadian real estate market, including property listings, prices, square footage, number of bedrooms and bathrooms, and more. Covering various cities and provinces, it’s ideal for market analysis, investment research, and financial modeling.

Key Features:

• Property Details: Includes crucial data such as listing price, property type, square footage, number of bedrooms and bathrooms, and more.
• Geo-Location Data: Provides geographical coordinates, allowing for spatial analysis and mapping.
• Market Trends: Offers historical data to analyze price trends and market fluctuations.

Who Can Use This Dataset:

• Real Estate Professionals: Evaluate market trends and property values to better advise clients or guide investment decisions.
• Investors: Analyze the Canadian housing market to identify investment opportunities and potential returns.
• Data Analysts and Researchers: Use this dataset to study market dynamics, urban development, or economic factors influencing the real estate sector.
• Financial Analysts: Incorporate the data into financial models to forecast market behavior and investment outcomes.

Download the Redfin Canada Properties Dataset to access valuable information on the Canadian housing market, perfect for anyone involved in real estate, finance, or data analysis.

The Canadian residential real estate market, valued at approximately $XX million in 2025 (assuming a logical extrapolation based on the provided CAGR and market size), is projected to experience steady growth at a Compound Annual Growth Rate (CAGR) of 3.20% from 2025 to 2033. This growth is fueled by several key drivers, including a growing population, particularly in major metropolitan areas like Toronto, Vancouver, and Montreal, increasing urbanization, and a persistent demand for housing across various segments. The market exhibits strong demand across diverse property types, encompassing apartments and condominiums, villas, and landed houses. While the market shows positive trends, certain constraints, such as rising interest rates, regulatory changes impacting foreign investment, and limited land availability in certain high-demand regions, could moderate growth in specific sub-markets. However, the overall market outlook remains optimistic, driven by ongoing population growth and a continued focus on infrastructural development within major cities and surrounding areas. Further segmentation reveals significant regional variations. While Toronto, Vancouver, and Montreal consistently dominate the market in terms of both volume and value, cities like Calgary, Ottawa, and Hamilton also contribute significantly. The presence of major players like Amacon, Concert Properties Ltd., and Brookfield Asset Management indicates substantial investment and competition within the sector. These companies and others cater to the diverse needs of the market, offering a range of housing options to accommodate varying budgets and lifestyles. The forecast period of 2025-2033 will likely witness shifts in market dynamics as developers adapt to evolving consumer preferences, government policies, and economic fluctuations, leading to opportunities for both established and emerging players. The market's resilience and diversity suggest continued investment opportunities and robust growth potential in the coming years. Recent developments include: October 2022: Dye & Durham Limited ("Dye & Durham") and Lone Wolf Technologies ("Lone Wolf") have announced a brand-new integration that was created specifically for CREA WEBForms powered by Transactions (TransactionDesk Edition) to enable access to and communication with legal services., September 2022: ApartmentLove Inc., based in Calgary, has recently acquired OwnerDirect.com and finalized a rental listing license agreement with a significant U.S. aggregator as part of its ongoing acquisition and partnership plans. In 30 countries, ApartmentLove (APLV-CN) offers online house, apartment, and vacation rental marketing services.. Key drivers for this market are: Population Growth is the main driving factor, Government Initiatives and Regulatory Aspects for the Residential Real Estate Sector. Potential restraints include: Population Growth is the main driving factor, Government Initiatives and Regulatory Aspects for the Residential Real Estate Sector. Notable trends are: Immigration Policies are Driving the Market.

Quartile rents for rental townhomes and apartments in urban centres with at least 10,000 people. Organized by province and number of bedrooms. Drawn from CMHC’s Rental Market Survey, this data table helps industry professionals make informed rental market decisions.

The Canada Hospitality Real Estate Market Report is segmented by Property Type (Hotels and Accommodation, Spas and Resorts, and Other Property Types).

Explore the Redfin Canada Real Estate Data, last extracted in June 2022 and available in CSV format. This robust dataset contains over 100,000 records, offering detailed insights into the Canadian housing market.

It includes comprehensive data on property listings, prices, square footage, and more across various cities and provinces.

Ideal for real estate analysis, market trend research, and investment planning, this dataset is a valuable resource for professionals seeking in-depth understanding of the Canadian real estate landscape.