Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Residential REITs Industry Analysis

UpdatedMay 24, 2026
DataAggregated Company Financials
Companies10
  • 7D2.0%
  • 3M-3.7%
  • 1Y-4.0%
  • YTDn/a

In the last week, the Residential REITs industry is up 2.0%, with Canadian Apartment Properties Real Estate Investment Trust up 4.3%. In contrast, the industry has lost 4.0% in the last 12 months. As for the next few years, earnings are expected to grow by 87% per annum.

Industry Valuation and Performance

Has the Canadian Residential REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 May 2026CA$16.1bCA$3.1bCA$811.7m199.2x19.9x5.2x
Tue, 21 Apr 2026CA$17.1bCA$3.2bCA$1.3b22.8x13.7x5.4x
Thu, 19 Mar 2026CA$16.5bCA$3.2bCA$450.5m22.2x36.6x5.1x
Sat, 14 Feb 2026CA$17.0bCA$3.3bCA$621.0m9.4x27.4x5.2x
Mon, 12 Jan 2026CA$17.5bCA$3.3bCA$1.2b6.8x15.2x5.3x
Wed, 10 Dec 2025CA$16.2bCA$3.3bCA$1.2b5.6x14.1x4.9x
Fri, 07 Nov 2025CA$16.9bCA$3.4bCA$1.0b6.5x16.6x5x
Sun, 05 Oct 2025CA$18.1bCA$3.4bCA$965.4m7.9x18.7x5.4x
Tue, 02 Sep 2025CA$18.7bCA$3.4bCA$971.1m7.8x19.3x5.5x
Thu, 31 Jul 2025CA$19.5bCA$3.3bCA$799.2m6.8x24.4x6x
Sat, 28 Jun 2025CA$18.7bCA$3.3bCA$900.0m5.6x20.7x5.7x
Mon, 26 May 2025CA$17.6bCA$3.3bCA$905.3m5.4x19.4x5.4x
Wed, 23 Apr 2025CA$16.9bCA$3.3bCA$1.4b8.2x12.1x5.2x
Fri, 21 Mar 2025CA$17.9bCA$3.3bCA$1.4b8.4x12.8x5.4x
Sun, 16 Feb 2025CA$17.3bCA$3.3bCA$1.3b5.8x13.3x5.3x
Tue, 14 Jan 2025CA$17.7bCA$3.3bCA$996.1m8x17.8x5.4x
Thu, 12 Dec 2024CA$19.0bCA$3.2bCA$999.3m8.5x19x5.8x
Sat, 09 Nov 2024CA$19.5bCA$3.2bCA$1.1b8.5x18.1x6x
Mon, 07 Oct 2024CA$21.4bCA$3.2bCA$795.6m6.3x26.9x6.7x
Wed, 04 Sep 2024CA$21.8bCA$3.2bCA$796.2m6x27.4x6.8x
Fri, 02 Aug 2024CA$20.3bCA$3.2bCA$661.0m7.2x30.7x6.4x
Sun, 30 Jun 2024CA$18.7bCA$3.2bCA$770.7m6.5x24.2x5.9x
Tue, 28 May 2024CA$18.8bCA$3.2bCA$772.0m6.7x24.3x5.9x
Thu, 25 Apr 2024CA$18.7bCA$3.1bCA$176.7m6.6x105.9x6x
Sat, 23 Mar 2024CA$20.0bCA$3.1bCA$178.4m7.1x112.3x6.4x
Mon, 19 Feb 2024CA$20.5bCA$3.1bCA$140.2m7.1x146.5x6.7x
Wed, 17 Jan 2024CA$19.7bCA$3.1b-CA$24,064,952.007.7x-819.1x6.4x
Fri, 15 Dec 2023CA$20.4bCA$3.1b-CA$23,267,783.007.6x-878.1x6.7x
Sun, 12 Nov 2023CA$18.0bCA$3.1bCA$222.4m7x81x5.9x
Tue, 10 Oct 2023CA$18.2bCA$3.0bCA$705.2m23.2x25.9x6.1x
Thu, 07 Sep 2023CA$19.5bCA$3.0bCA$704.0m11.3x27.6x6.5x
Sat, 05 Aug 2023CA$19.4bCA$3.0bCA$1.1b6.7x17.5x6.5x
Mon, 03 Jul 2023CA$19.3bCA$2.9bCA$1.0b4.3x18.8x6.7x
Wed, 31 May 2023CA$18.8bCA$2.9bCA$1.0b4.4x18.1x6.5x
Price to Earnings Ratio

18.1x


Total Market Cap: CA$18.8bTotal Earnings: CA$1.0bTotal Revenue: CA$2.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Residential REITs Industry Price to Earnings3Y Average -46.8x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Residential REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 19.9x which is higher than its 3-year average PE of -46.8x.
  • The 3-year average PS ratio of 5.9x is higher than the industry's current PS ratio of 5.2x.
Past Earnings Growth
  • The earnings for companies in the Residential REITs industry have declined 8.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Canadian Residential REITs compare with similar industries?

CA Market1.56%
Real Estate2.67%
REITS-0.15%
Residential REITs1.95%
Specialized REITs5.03%
Office REITs4.89%
Industrial REITs3.60%
Retail REITs3.25%
Healthcare REITs1.33%
Diversified REITs-0.15%
Hotel and Resort REITs-1.14%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CAR.UN Canadian Apartment Properties Real Estate Investment TrustCA$34.794.3%
+CA$221.0m		-15.9%PB0.6x
BEI.UN Boardwalk Real Estate Investment TrustCA$64.722.1%
+CA$65.0m		-0.3%PB0.6x
GO.U GO Residential Real Estate Investment TrustUS$10.323.2%
+US$11.9m		n/aPB0.3x
KMP.UN Killam Apartment REITCA$18.000.3%
+CA$7.3m		1.4%PB0.7x
HOM.UN BSR Real Estate Investment TrustCA$15.721.0%
+CA$5.1m		-13.7%PB0.6x

Latest News

MI.UN
CA$17.45
Minto Apartment Real Estate Investment Trust
7D
0.2%
1Y
38.3%
MRG.UN
CA$16.56
Morguard North American Residential Real Estate Investment Trust
7D
0.5%
1Y
-3.7%
NRR.UN
CA$16.48
Northview Residential REIT
7D
-1.1%
1Y
6.3%
GO.U
US$10.32
GO Residential Real Estate Investment Trust
7D
3.2%
1Y
n/a
IIP.UN
CA$13.00
InterRent Real Estate Investment Trust
7D
-1.4%
1Y
11.4%
CAR.UN
CA$34.79
Canadian Apartment Properties Real Estate Investment Trust
7D
4.3%
1Y
-15.9%
KMP.UN
CA$18.00
Killam Apartment REIT
7D
0.3%
1Y
1.4%
HOM.UN
CA$15.72
BSR Real Estate Investment Trust
7D
1.0%
1Y
-13.7%
BEI.UN
CA$64.72
Boardwalk Real Estate Investment Trust
7D
2.1%
1Y
-0.3%
FCA.UN
CA$4.12
Firm Capital Apartment Real Estate Investment Trust
7D
-0.7%
1Y
-14.2%