Primary Rental Market
% Change of Average Rent

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  3. Historical Time Periods

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Peterborough — Historical % Change of Average Rents by Bedroom Type

  Studio 1 Bedroom 2 Bedroom 3 Bedroom + Total
1990 October ** ** ** ** **
1991 October ** 5.2 c 4.3 c 5.0 c 4.7 c
1992 October ** 4.6 d 3.6 d 5.5 d 3.6 d
1993 October ** 4.8 c 5.3 c 2.6 c 4.1 c
1994 October ++ ++ 1.3 a ++ ++
1995 October ++ ** ++ ++ 1.2 a
1996 October ++ ** 1.3 d ++ 1.0 d
1997 October ** ++ -1.6 c ++ -1.7 c
1998 October ++ ** 4.6 c 5.5 d 4.8 c
1999 October ++ ** 1.9 c ++ 1.7 c
2000 October ** ++ 1.3 a ++ 1.3 a
2001 October ** 5.2 c 3.5 c 4.0 d 4.1 c
2002 October ++ 2.7 c 3.5 c ** 3.4 c
2003 October 4.1 d 3.2 d 3.4 c 5.7 d 3.5 c
2004 October ++ 3.2 c 2.7 b 2.9 c 2.8 b
2005 October ++ 2.3 c 1.7 c ++ 1.2 d
2006 October ++ 1.2 d 2.6 c ** 2.4 c
2007 October 2.8 c 1.9 b 2.1 b 2.4 b 2.3 b
2008 October 5.4 d 2.7 b 2.0 b 3.5 c 2.3 b
2009 October ++ 2.0 b 2.1 b ++ 1.9 c
2010 October 1.2 a 0.6 b 1.6 b 2.6 c 1.5 a
2011 October 2.1 b 2.1 b 1.9 b ++ 1.7 b
2012 October 5.2 c 2.6 a 1.8 b 2.2 b 1.9 a
2013 October ++ 1.2 a 2.4 b 4.0 d 2.2 b
2014 October ** 1.2 d 1.4 a ** 1.1 a
2015 October ++ 2.5 b 1.6 b ++ 2.1 b
2016 October ++ 1.3 a 1.6 b ** 1.5 b
2017 October 2.7 b 2.6 b 3.0 c ++ 3.0 b
2018 October ** 7.3 c 7.4 b 6.2 b 6.9 b
2019 October 3.0 d 2.4 c 3.2 d 4.1 c 2.9 c
2020 October ** 3.5 d 5.2 c 3.2 b 4.8 c
2021 October ** ** ** 2.2 c **
2022 October ** ** 5.3 d ** 5.3 d
2023 October ++ ** 4.2 d ++ 3.9 d
2024 October ** 3.1 d 4.5 d 7.7 c 5.5 d
2025 October 3.6 d ** ** ** **
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a — Excellent, b — Very good, c — Good, d — Poor (Use with Caution))
  • ** — Data suppressed to protect confidentiality or data not statistically reliable
  • ++ — Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).
Source: CMHC Rental Market Survey (opens in new window)