Meanwhile,
Montreal top increase rents canada:
While Vancouver. Meanwhile, Toronto still display the highest rents in absolute value for two -room housing, Montreal is distinguished by a much more marked increase in its rental prices in recent years. Additionally, Meanwhile, Indeed. Therefore, recent data from Statistics Canada reveal that between the first quarter of 2019 and that of 2025, the average rent of a two -room apartment in Greater Montreal increased from $ 1130 to $ 1930, an increase of 70.8 %.
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In the first quarter of 2025. Meanwhile, the data indicated the following average levels for apartments of two bedrooms in several metropolitan regions:
- Vancouver : $ 3170 (with an increase of 27.3 % compared to 2019)
- Toronto : $ 2,690 (increase of 5.1 % since 2019)
- Montréal : $ 1930 (increase of 70.8 % since 2019)
- Québec : 1470 $
- Sherbrooke : $ 1. 250 (increase of almost 90 % in relative value)
- Drummondville : $ 1,200 (similar increase in Sherbrooke)
These figures not only demonstrate that Montreal gradually catches up its western and center of the country counterparts in terms of rents of rents, but especially that the price dynamics in the montreal top increase rents canada Quebec metropolis is particularly worrying for tenants.
Montreal. often recognized for its relatively affordable cost of living in comparison with other major Canadian cities, sees its rents today. Despite an average rent which remains lower than that of Vancouver. Toronto in absolute terms, the relative increase is unequivocal the highest among the major metropolitan regions of the country.
The reasons for this dazzling increase are multiple:
- Urban transformation. densification : The metropolis is experiencing a rapid transformation with the arrival of condos towers and demolition operations of old housing to make way for modern constructions.
- Speculation. real estate pressure : The scarcity of affordable housing and speculation lead to a continuous increase in prices, making it difficult to access decent housing for many households.
- Dynamics of supply. demand : Even if Montreal remains more affordable today than other major cities, the gap is reduced as the market tends montreal top increase rents canada to balance by a generalized price increase.
The table below summarizes statistical Canada data for certain major cities:
| Ville | Rent 2019 ($) | Rent 2025 ($) | Increase (%) |
|---|---|---|---|
| Montréal | 1130 | 1930 | 70. 8 % |
| Vancouver | 2492 | 3170 | 27,3 % |
| Toronto | 2560 | 2690 | 5,1 % |
| Québec | 1210 | 1470 | — |
| Sherbrooke | 660 | 1250 | 89,4 % environ |
| Drummondville | 600 | 1200 | 100 % environ |
Source of data: Statistics Canada and comparative analyzes from various press articles.
To add a visual overview of these developments. here is also a graph illustrating the increase in percentage of rents between 2019 and 2025 for each of these regions:
Increase in average rents (2 bedrooms) between 2019 and 2025:
This phenomenon has important repercussions on the daily life of Montrealers. While the increase in rents in other cities is done in a moderate way. even in decrease after the peak montreal top increase rents canada of the pandemic, Montreal, on the other hand, continues to see its rents climb. This context gradually erodes the capacity of average income households to access stable and suitable housing.
Experts today call for an urgent revision of urban and housing policies:
- Strengthen controls on rent increases.
- Stimulate the construction of affordable and social housing.
- Set up incentive measures to limit real estate speculation.
Sources: the Canadian press, Radio-Canada, Statistics Canada
Photo credit: immigrate.com, Westmount, boulevard de Maisonneuve
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Montreal top increase rents canada
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