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CBC Canada

Montreal’s moving day marred by rising rents

CBC Canada · Less Recent
CBC Canada
CBC Canada
Less Recent

July 1 is known as moving day in Montreal — most residential leases expire on June 30 — but rising rents have added a new challenge to finding a place to live in the once affordable city.

BreakdownGenerated by LeadStory AI
  • Montreal's rental market has become highly competitive, with renters needing to act quickly.
  • Rents in Montreal have increased by nearly 71% between 2019 and 2025, with the average now $1,900 per month. 1m 3s
  • Over 2,000 households are still searching for housing, with some turning to temporary solutions like hotels or camping. 39s
  • The Quebec Landlord Association cites rising interest rates, immigration, and slow construction as causes for the surge. 1m 35s
  • Rental prices have stabilized recently and more social housing is being built, but immediate needs remain unmet. 1m 51s
Economy