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Canadian rents dropped for the 16th straight month in January 2026, hitting a 31-month low.
Rents in Canada fell for the 16th consecutive month in January 2026, with average asking rents dropping to $2,057, the lowest in 31 months, driven by increased housing supply and softer demand.
The national rent-to-income ratio fell below 30% for the first time in six years, improving affordability.
Declines were most significant in major cities like Vancouver (-9.2%) and Calgary (-5.7%), while three-bedroom units saw prices rise slightly.
Despite the downward trend, rents remain 12.9% above pre-pandemic levels.
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Los alquileres canadienses cayeron por decimosexto mes consecutivo en enero de 2026, alcanzando su nivel más bajo en 31 meses.