theANNUAL National 2025 - State of the Industry

East Coast Statistics

New Brunswick: AVR: 2.0%; 2BR: $1,285

Prince Edward Island: AVR: 0.8%; 2BR: $1,181

Nova Scotia: AVR: 2.0%; 2BR: $1,606

Newfoundland and Labrador: AVR: 1.8%; 2BR: $1,109

Number of Private Apartment Units

Apartment Vacancy Rates

*In State of the Industry, the rent and vacancy fgures stated refect apartments within the Primary Rental Market.

Eastern Canada

*The vacancy and rent fgures are as of October 2024

State of the Industry

St. John’s, NL

Charlottetown

RENTAL HOUSEHOLDS 6,462

TOTAL PRIMARY RENTAL HOUSEHOLDS

59,725

TOTAL PRIMARY RENTAL HOUSEHOLDS

16,825

2nd

State of the Industry

Saint John, NB

Fredericton

Central Canada

*The vacancy and rent fgures are as of October 2024

State of the Industry

Quebec City

St. John’s

St. John’s

114,092

30,607

Gatineau

Montréal

St. John’s

653,365

334,748

State of the Industry

78,463

St. John’s

John’s Hamilton K-C-W

Turnover Rate

State of the Industry

St. Catharines

15,838

18,380

Western Canada

*The vacancy and rent fgures are as of October 2024

State of the Industry

Winnipeg

Saskatoon

73,270

St. John’s

St. John’s

State of the Industry

St. John’s

St. John’s

St. John’s

32,850

8,788

Kelowna