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theANNUAL National 2025 - State of the Industry

Page 1

AVR: 1.9%

AVR: 3.6%

2BR: $1,981

2BR: $1,616

AVR: 1.7%

AVR: 1.8%

2BR: $1,448

2BR: $1,131 AVR: 2.7%

AVR: 2.6% 2BR: $1,380

2BR: $1,758

East Coast Statistics New Brunswick: AVR: 2.0%; 2BR: $1,285 Prince Edward Island: AVR: 0.8%; 2BR: $1,181 Nova Scotia: AVR: 2.0%; 2BR: $1,606 Newfoundland and Labrador: AVR: 1.8%; 2BR: $1,109

TOP

10

1. MONTREAL

654,848

6. OTTAWA

85,424

2. TORONTO

342,209

7. WINNIPEG

76,818

3. VANCOUVER 126,469 8. CALGARY

61,359

PRIMARY MARKETS

4. QUEBEC CITY 114,907 9. HALIFAX

61,055

5. EDMONTON 96,560

52,607

by # of suites

AVR = Average Vacancy Rate at October 2024

8 – theANNUAL

10. LONDON

2BR = Average Rent of 2 Bedroom Suite at October 2024


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theANNUAL National 2025 - State of the Industry by Marc Cote - Issuu