In-House – Canada's Housing Podcast

Inside Canada’s 2025 Rental Market: Vacancy Up, Rents Shifting


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Canada’s rental market is changing — fast. 

Vacancy is rising, supply is growing, turnover rents are falling, and renters are finally seeing more choice. In this episode of In-House, Tania Bourassa-Ochoa, one of CMHC’s Deputy Chief Economists, breaks down the key insights from the 2025 Rental Market Report and explain what it means for affordability, demand, supply, and regional trends across the country. 

We cover: 

  • National vacancy trends 
  • Record-high rental completions 
  • Slower rental demand 
  • Turnover vs non-turnover rents 
  • Regional stories from Toronto, Calgary, Edmonton, Halifax, Montréal, and more 
  • What to expect in 2026 

Listen now for expert insights on Canada’s evolving rental landscape! 

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In-House – Canada's Housing PodcastBy Canada Mortgage and Housing Corporation