US EditionVacancy Rates Rise While Rent Increases Slow in Kitchener-Cambridge-Waterloo, Says New Housing Report
- Canada's housing agency reports that average asking rents for two-bedroom apartments are down year-over-year in Vancouver, Toronto, Calgary, and Halifax due to increased supply and slower immigration.
- Landlords in Toronto, Vancouver, and Calgary report that vacant units take longer to lease, facing competition from well-supplied secondary rentals.
- Despite some rent decreases, the report states that rent-to-income ratios have worsened since 2020, particularly in Vancouver and Toronto.
- Vacancy rates are anticipated to rise this year due to slower population growth and sluggish job markets across major cities.
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CMHC to release update on Canada's largest rental markets
OTTAWA, ON, July 7, 2025 /CNW/ - Canada Mortgage and Housing Corporation (CMHC) will release new insights into Canada's largest rental markets on Tuesday, July 8th at 10:00am ET. ...Full story available on Benzinga.com
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Coverage Details
Total News Sources23
Leaning Left9Leaning Right3Center4Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 25%
R 19%
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