A new monthly rental market analysis reports that average asking rents in Canada continue to decline compared with the previous year. The report, issued by Rentals.ca and Urbanation, estimates the national average rent for June at $2,033. That figure is down 4.3% versus June 2025, according to City News Toronto, and is described by another outlet as down more than 4% over the same period. The reporting also indicates the downward trend is sustained: City News Toronto says this marks the 21st consecutive month of year-over-year declines in asking rents. Other details in the available excerpts note that rents “tick up” in some context, but the specific figures and locations for those changes are not included in the provided text. Overall, the sources agree on the national average asking rent for June and the magnitude and duration of the year-over-year decline.