MF-Hero (2)

Canadian multifamily market report

Quarterly insights on rent growth, vacancy, turnover and digital demand across major Canadian CMAs, built from anonymized, aggregated multifamily performance data.
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Built for real-world decisions

Average vacancy rate (Canada)

(Based on 2-bedroom, latest in report)

4.9%

Average in-place rent (Canada)

(Based on 2-bedroom, latest in report)

$1,903

Lease-over-lease rent growth (New Leases, Canada)

(Based on 2-bedroom, latest in report)

-1.0%

What's inside the report

icon Lease-over-lease rent growth (new leases): Monthly rent change vs the prior lease for the same unit
icon In-place rent per unit: Average monthly rent across all leases
icon Vacancy percent: Share of units vacant (monthly average)
icon Turnover %: Move-outs as a share of total units
icon Digital prospect conversion %: Digital prospects who become residents
icon Digital prospects per 100 units: Monthly digital prospects, normalized to 100 units
icon Average resident length of stay: Average months of residency for move-outs
icon Repairs & maintenance(R&M) per unit: Average annual R&M cost per unit
icon Controllable expense per unit: Average annual controllable operating costs per unit
icon Expense per unit: Average annual total operating costs per unit
icon CMA: Census Metropolitan Area

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About Yardi 

Yardi develops and supports software for real estate companies of all sizes, helping teams streamline operations, enhance resident and tenant experiences and gain clearer insight across their portfolios. With a connected suite for property management, accounting, investment management and more, Yardi serves clients worldwide.

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