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Apartment rents climb across country for first time in months, but economy could hurt market

Average asking rent for residential properties increases 1.5%, new report says
Boardwalk REIT has closed on a deal to buy the 255-suite Elbow 5 Eight in Calgary. (CoStar)
Boardwalk REIT has closed on a deal to buy the 255-suite Elbow 5 Eight in Calgary. (CoStar)
CoStar News
April 9, 2025 | 5:12 P.M.

Apartment rents climbed across the country for the first time in six months, but they still remain lower than they were a year ago as the market works to rebound.

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