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Canadian rents fell for the 17th month straight in Feb 2026, reaching a 33-month low.
Average asking rents in Canada fell for the 17th straight month in February 2026, dropping to $2,030—the lowest level in 33 months, a 2.8% year-over-year decline.
The drop, attributed to increased housing supply and weaker demand, improved affordability, with the rent-to-income ratio at 29%, below the 30% stress threshold.
Provincial trends varied, with Alberta, Ontario, and British Columbia seeing the largest declines, while Nova Scotia, Saskatchewan, and Manitoba reported rent increases.
Despite the falls, rents remain 2.3% higher than three years ago.
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Los alquileres canadienses cayeron por decimoséptimo mes consecutivo en febrero de 2026, alcanzando su nivel más bajo en 33 meses.