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Canada Rental Market 2026: Are Rents Really Falling? CMHC Mid-Year Update Explained
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Canada Rental Market 2026: Are Rents Really Falling? CMHC Mid-Year Update Explained
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Asking rents are falling in many Canadian cities, vacancies are rising in newer rental units, but the benefits aren’t being felt by everyone.
On the surface, it looks like Canada’s rental market is finally easing.
So why do so many renters still feel stuck?
In this episode of In-House, host Joelle Hamilton speaks with Tania Bourassa-Ochoa, Deputy Chief Economist at CMHC, to break down the 2026 Mid-Year Rental Market Update and what the data is really saying about housing affordability in Canada.
📊 In this episode, we cover:
• Why asking rents and actual rents paid are diverging
• Why new leases and renewals tell different stories
• Where rental conditions are easing (and where they are still tight)
• Why affordability pressures remain
• What to watch in Canada’s rental market through the second half of 2026
Whether you're a renter, policymaker, or just trying to understand Canada’s housing market, this conversation connects the dots behind the headlines.
📄 Read the CMHC 2026 Mid-Year Rental Market Update: https://www.cmhc-schl.gc.ca/observer/2026/2026-mid-year-rental-market-update
🔔 Subscribe to In-House for clear, data-driven conversations on housing in Canada.