Canada’s most expensive housing markets saw their first increase in average asking rents in nearly three years, while rents across Canada continue to fall, new report shows.
The average asking rent for all residential property types in Canada was $2,036 in October, a report from Rentals.ca and Urbanation showed on Thursday.
While this marked the 25th consecutive month of declines, falling 3.2 per cent compared to October 2025 and 5.4 per cent compared to October 2024, the pace of the decline is slowing.
October saw the smallest annual decline in rents since February this year, the report said.
“The window for cheaper rents is closing in Toronto and Vancouver,” said Shaun Hildebrand, president of Urbanation.
Average asking rents in Canada reached a record high of $2,202 in May 2024. After hitting $2,142 in September 2024, rents have steadily declined across the country.
In Toronto and Vancouver, however, rents appeared to have hit bottom already.
Get weekly money news
“Rents in Canada’s two largest cities are starting to rise for the first time in nearly three years, driven by declining supply, a trend that will continue,” Hildebrand said.
Vancouver saw rents rise marginally (0.2 per cent) compared to October 2025, the first increase after 34 consecutive months of decline, while Toronto saw a larger increase of 1.6 per cent in average asking rent for apartments and condos, the first increase after 36 consecutive months of decline.
Rents were also up in the nation’s capital, with Ottawa seeing average rents rise 0.3 per cent in October compared to the same period in 2025.
While the window for low rents seems to be closing in the two biggest cities, renters still have an advantage in big cities like Calgary, Edmonton and major GTA markets outside of Toronto, Hildebrand said.
Among the six largest markets in Canada, Calgary posted the largest annual decline in rents (2.4 per cent).
The Greater Toronto Area saw major rent declines in Oakville (7.7 per cent), Markham (5.4 per cent), Vaughan (4.8 per cent) and Mississauga (4.3 per cent).
Condos saw the sharpest decline in rents, with rents falling to $2,048 for all condo types nationally, a drop of 5.5 per cent compared to October 2025. Two-bedroom condos saw an even sharper decline, with a 6.1 per cent drop.
Other secondary housing units, such as houses and townhomes, saw rents fall by six per cent to $2,016.
Purpose-built rents remained the most resilient of all property types, down 2.1 per cent to $2,040.
Yet not one renter can confirm
Will some DUMB Libby give Aden holdings bloody money already!
Housing costs relative to take home pay , Canada skyrockets to the top of global charts
Rent is completely unaffordable. My daughter makes $30 an hour and can’t afford to live on her own.
I bet the prices will go up a lot faster than they supposedly came down
Terrible news, we need to keep driving rent down to make these cities affordable again. If landlords don’t like it they should try getting a real job like the rest of us, and sell their extra properties to someone who will actually use it as a home.
Lmao
Try citing credible sources
A lie, there may be some official stat that reflects an increase but this is a very obvious bait and switch. Here everyone, focus on this one specific stat taken out of context and ignore the steady rising costs of homeownership, groceries, taxes, insurance, bills, and of course redundant foreign aid..
We are looking for an individual who can lend 185,000 US dollars to our holding company.
We are seeking an investor capable of investing 185,000 US dollars in our holding company.
We will establish an animation film production company using the 185,000 US dollars you will lend to our holding company.
We will establish an animation film production company with the 185,000 US dollars you invest in our holding company.
We will use the 185,000 US dollars you invested in our holding company to establish an animation film production company, and we will have increased that investment amount within a few months.
By using the 185,000 US dollars you invested in our holding company to launch an animation film production company, we will increase the value of your investment within a few months.
We will have increased the 185,000 US dollars you invested in our holding company within a few months.
We will use the 185,000 US dollars you lent to our holding company to establish an animated film production company, and within a few months, we will significantly increase the 185,000 US dollars you lent to our holding company.
Since animated films attract significant public interest today and we intend to undertake international animation projects, the animation film production sector will generate substantial revenue for us.
Since animated films currently attract more attention and we will be working on international animated film projects, the animation production sector will provide us with significant revenue.
By establishing an animation production company, we will generate substantial revenue within a few months.
By utilizing artificial intelligence tools as well, we will be able to produce animated films more quickly.
We will produce professional-quality animated films covering a wide range of topics.
Since we will be producing animated films across many categories and in multiple languages, our viewership will increase rapidly.
Since animated films are currently very popular and we excel in the field of advertising, the animated films we produce could garner millions of views in a short time.
How will revenue be generated, and how will we increase our audience?
Since the animated films we will produce will be in many languages, it will increase the viewership of our animated films internationally.
Since we will produce animated films in many categories instead of just one, the animated films we make will receive more viewership.
We will produce animated films in at least seven different categories every year.
Since we will produce high-quality and more professional animated films, our films will be watched by millions internationally.
We will earn money per view by sharing the animated films we produce on various social media platforms such as YouTube, Instagram, Facebook, and TikTok.
Since the animated films we will produce will be in many languages, we will earn money per ticket by screening our animated films in cinemas of many countries.
We will earn revenue per ticket by screening the animated films we produce in movie theaters across many countries.
By releasing the animated films we produce on various streaming platforms such as Netflix and Amazon Prime, we will generate significant revenue.
We will release the films we produce on our own website; through a paid subscription model, viewers wishing to watch our animated films will purchase subscriptions, thereby generating revenue for us.
As the audience for the animated films we produce grows, we will generate significant revenue by promoting sponsors’ products in our future animated films.
By embedding trailers of the animated films we produce onto blogs and news sites, we will increase the international viewership of our animated films.
By promoting our animated films on various high-traffic websites and social media accounts, we will achieve a large audience.
By using advertising tools such as Google Ads, YouTube Ads, and Facebook Ads, we will be able to introduce our animated films to the entire world more quickly.
As our fan base grows, we will generate extra revenue by producing and selling products—such as toys, mugs, and sweaters—featuring the characters from our animated films.
We will generate significant revenue by broadcasting our animated films on television channels in many countries.
By employing a very strong marketing strategy, we will generate millions of dollars in revenue from the animated film industry in a short time.
How will the process work?
First, we will establish an educational website offering professional-level training in animated film production.
Even someone with absolutely no knowledge of making animated films can become a professional within one month by studying the animation course on our training site.
We will train and hire our own animation production staff.
Since we will train our team ourselves, we will be able to work in a more coordinated manner, which will enable us to complete the animated films we produce more quickly.
Within two months, we will have trained and recruited staff to establish our own animation film production team.
We will assemble a professional-level animated film production team within two months.
Within two months of assembling our animation film production team, we will produce professionally designed animated films covering various topics and in multiple languages
We will produce animated films in at least 7 different categories within two months.
Once our animated films are completed, we will release them in various places and start earning money within two months.
We will generate substantial profits within two months of completing our animated films, thanks to our strong marketing strategy.
Within two months, we will rapidly generate substantial revenue by releasing our film on platforms such as Netflix, Amazon Prime, TikTok, Instagram, and YouTube, as well as in movie theaters across many countries.
One month after releasing our animated film internationally, we will generate revenue of at least 7 million US dollars.
We will generate at least 7,000,000 US dollars in revenue one month after releasing our animated films in many countries.
Since the animated films we produce will be in multiple languages and across various categories, they will quickly garner high viewership.
Today, animation film production companies generate average annual earnings of at least 800 million US dollars.
Thanks to our strong advertising tactics, we will generate more revenue in the future.
We will have generated at least 7,000,000 US dollars in revenue within a total of 7 months.
How much income will you generate by investing 185,000 US dollars in our holding company?
If you lend 185,000 US dollars to our holding, I will return your money as 370,000 US dollars on 30/04/2027.
If you invest 185,000 US dollars in our holding, I will return your money as 370,000 US dollars on 30.04.2027.
We will increase the 185,000 US dollars you have lent to our holding company by utilizing it in the animated film production sector, and I will return the funds to you as 370,000 US dollars on April 30, 2027.
I will return your money to you as 370,000 US dollars on April 30, 2027.
April 30, 2027, is the date we will repay your money.
You will have generated twice as much revenue within a few months.
I will repay you the 185,000 US dollars you lent to our holding company as 370,000 US dollars when the date of April 30, 2027, arrives.
We will invest the 185,000 US dollars you have lent to our holding company into the animated film production sector to further increase the amount, and when April 30, 2027, arrives, I will return the money to you as 370,000 US dollars.
By investing 185,000 US dollars in our holding company, you will generate substantial returns in a short period—don’t miss this opportunity.
How to contact us:
To learn how you can grow your money by investing in our holding company, send a message to my Telegram username, Signal number, or email address listed below, and I will provide you with detailed information.
To learn more about our animated film project and how you can invest 185,000 US dollars in our holding, send a message to my Telegram username, Signal contact number, or email address below, and I will provide you with detailed information.
To learn how you can lend 185,000 US dollars to our holding and increase your money even more within a few months, and to get detailed information, send a message to my Telegram username, Signal contact number, or email address below, and I will provide you with detailed information.
Send us a message via Telegram, Signal, or email for detailed information.
I have listed our contact details below; you can obtain detailed information by sending a message to any of them.
To learn how you can lend 185,000 US dollars to our holding and to get detailed information about our animated film project, send a message to my Telegram username, Signal contact number, or email address below, and I will provide you with detailed information.
To learn how you can further increase your money within a few months by investing 185,000 US dollars in our holding and to get detailed information about our animated film production project, send a message to my telegram username, signal username, or email address below.
To learn how you can increase your money, send a message to my Telegram username, Signal contact number, or email address below.
My Telegram username:
@adenholding
Signal contact number:
+447842572711
Signal username:
adenholding.88
my email address:
adenholding27@yahoo.com