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prices · Frozen publication data

Rent and mortgage interest are moving differently

Occupied-housing price measures · not resale appreciation

Unit: % year over year
Compare series or markets · 4 selected
Rent and mortgage interest are moving differentlyRent CPI rose 2.8% year over year in August; mortgage interest cost CPI fell about 0.2%. Unit: % year over year. Not seasonally adjusted; 12-month index change. Use left and right arrow keys to inspect observations. The data table follows the chart.Rent and mortgage interest are moving differentlyShelterRentMortgage interestHomeowners’ replacement% year over year-10%0%10%20%30%40%Aug 2021Aug 2022Aug 2023Aug 2024Aug 2025Aug 2026Homies Research, using Statistics Canada data · Through 2026-08Not seasonally adjusted; 12-month index changeHOMIES RESEARCH
Aug 2026Shelter 1.54%Rent 2.81%Mortgage interest -0.2185%Homeowners’ replacement -1.95%

Rent CPI rose 2.8% year over year in August; mortgage interest cost CPI fell about 0.2%.

Source: Homies Research, using Statistics Canada data. Reference: 2026-08. Released 2026-09-14. Retrieved 2026-09-28.

Not seasonally adjusted; 12-month index change · Year-over-year changes calculated from unadjusted index levels; rent CPI covers occupied rents and differs from asking rents.

View accessible data table · 4 series, 61 observations

Showing the latest 12 observations.

Rent and mortgage interest are moving differently. Unit: % year over year. Not seasonally adjusted; 12-month index change
PeriodShelterRentMortgage interestHomeowners’ replacement
Sep 20252.56%4.78%3.56%-1.44%
Oct 20252.49%5.19%2.91%-1.58%
Nov 20252.32%4.65%2.34%-1.59%
Dec 20252.1%4.89%1.72%-1.59%
Jan 20261.72%4.33%1.22%-1.69%
Feb 20261.5%3.88%0.6626%-2.07%
Mar 20261.66%4.25%0.2756%-2.07%
Apr 20261.77%3.6%-0.1101%-2.41%
May 20261.71%3.53%-0.2198%-2.46%
Jun 20261.55%3.52%-0.3291%-2.37%
Jul 20261.28%2.45%-0.2738%-2.09%
Aug 20261.54%2.81%-0.2185%-1.95%

Homies Research × Real Estate Magazine · Read the September 2026 Market Call ↗