Rental prices near postsecondary institutions have dropped in several Canadian cities following the federal cap on international student enrolment, according to a new report from Rentals.ca. The report authors note that the reduced housing demand corresponds with the decline in new international student arrivals, which fell 69% in the first half of 2025 compared to the same period in 2024. CHEK News reports that cities in British Columbia and Ontario—home to the highest concentrations of international students—saw the largest decreases. In BC, average rents fell by 11.5% in Burnaby, 8.3% in Vancouver, and 8.0% in Victoria, while in ON the province’s average rent dropped by 5.8%.
CHEK News
| Global News
