Canadian Apartment Vacancy Rises, Rent Growth Slows to Four-Year Low
The Canadian apartment market is experiencing rising vacancies and declining rent growth, with new lease rates turning negative nationally. The national vacancy rate reached 5.1% in Q1 2026, and in-place rent growth slowed to 2.7% annually, the lowest in four years. Supply increases and population declines are contributing to the market rebalancing.
Topics: economic impact housing supply real estate market trends rent growth vacancy rates