2026 theAnnual_National _SOI

East Coast Statistics

New Brunswick: AVR: 2.9%; 2BR: $1,368

Prince Edward Island: AVR: 2.1%; 2BR: $1,293

Nova Scotia: AVR: 2.6%; 2BR: $1,711

Newfoundland and Labrador: AVR: 2.1%; 2BR: $1,208

Canada’s housing construction remained resilient in 2025

Rental construction drove new supply, pushing apartment construction to dominate overall housing activity across major markets. Rental starts hit record highs in Calgary, Edmonton, Ottawa, Halifax and Montréal, and reached their second‑highest level ever in Toronto.

COMPARISON OF 2025 DATA AND 10-YEAR AVERAGE (2016-2025) BY CMA

TURNOVER

Eastern Canada

*The vacancy and rent figures are as of October 2025

State of the Industry

St. John’s, NL

Charlottetown

4,415

PRIMARY RENTAL HOUSEHOLDS

6,606

TOTAL PRIMARY RENTAL HOUSEHOLDS

62,411

1st

TOTAL PRIMARY RENTAL HOUSEHOLDS

16,321

2nd

St. John’s St. John’s

Moncton

State of the Industry

Saint John, NB

Fredericton

Central Canada

*The vacancy and rent figures are as of October 2025

State of the Industry

Quebec City

St. John’s

St. John’s

Gatineau

667,266

St. John’s

336,180

State of the Industry

78,463

St. John’s

John’s Hamilton K-C-W

Turnover Rate

State of the Industry

St. Catharines

16,296

RENTAL HOUSEHOLDS

19,042

Western Canada

*The vacancy and rent figures are as of October 2025

State of the Industry

Winnipeg

Saskatoon

75,154

St. John’s

St. John’s

State of the Industry

St. John’s

St. John’s

62,657

127,091

34,143

St. John’s Victoria

Kelowna