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Rental market softens as temporary residents leave Canada

Summary by CIC News
Residents in Canada are seeing lower rents. The Canada Mortgage and Housing Corporation (CMHC), the country’s national housing authority, has reported declines in asking rents in several major housing markets due to outflows of international students and foreign workers. Softening markets include Toronto, Vancouver, and Calgary. Get our FREE Newcomer’s Guide to Canada, with top

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Rental market softens as temporary residents leave Canada

Residents in Canada are seeing lower rents. The Canada Mortgage and Housing Corporation (CMHC), the country’s national housing authority, has reported declines in asking rents in several major housing markets due to outflows of international students and foreign workers. Softening markets include Toronto, Vancouver, and Calgary. Get our FREE Newcomer’s Guide to Canada, with top

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CIC News broke the news in on Saturday, July 12, 2025.
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