1、Month of publication:February 2025.A retrospective overview of Canadas rental market in 2024 and key factors shaping 2025.Rental Market Trend Report2 0 2 52025:Rental Market Trend ReportCanadaOverviewOntarioQuebecAlbertaBritish ColumbiaLandlords-RentersDivided OpinionsPredictions03122433425663Table

2、of contents2CanadaOverview11 Overview is based on data currently collected on Vancouver,Toronto,Montreal,Calgary and Edmonton.2025:Rental Market Trend Report13241.Rental prices drop YoY across Canada2.Edmonton stood out as the only major city with a YoY increase in rental prices for all unit types.3

3、.Furnished rentals experienced a significantly larger YoY price drop.Key HighlightsRental prices dropYoY across Canada1.West Vancouver:$2,7512.North Vancouver:$2,6753.Vancouver:$2,5714.Burnaby:$2,4315.Richmond:$2,401Top 5 Most Expensive Cities in Canada21.Edmonton:$1,3162.St.Catharines:$1,6023.Londo

4、n:$1,6284.Abbotsford:$1,6305.Niagara Falls:$1,634Top 5 Cheapest Cities in Canada22 Ranking is based on average monthly rent price for unfurnished one-bedroom units.2025:Rental Market Trend Report5Liv Strategies Inc.2025This section explores the key factors driving the decline in rent prices,includin

5、g the slowdown in immigration and interprovincial migration,rising emigration,and a growing number of permanent residents leaving the country.Breaking down Canadas rental price decline:Key factors at playChart6Although immigration reached a record high in 2024,year-over-year growth slowed noticeably

6、,increasing by just+2%compared to the+5%jump in 2023.3 This shift reflects the Government of Canadas revised Immigration Levels Plan4,signaling a more measured approach moving into 2025.Immigration:Shaping the declinein rent prices3 Source:Statistics Canada.Table 17-10-0040-01 Estimates of the compo