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Rent price growth cooled in 2025, with vacancies on the rise: CMHC

Kuntal Khasnobish
Tuesday, January 13, 2026
Rent price growth cooled in 2025, with vacancies on the rise: CMHC
New data from Canada Mortgage and Housing Corporation (CMHC) shows rental market conditions softened in 2025 as more supply came online and vacancy rates rose — a shift that has slowed rent growth, without meaningfully improving affordability in most markets.

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