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Canadian (TSX) Residential REITs Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies11
  • 7D0.8%
  • 3M3.5%
  • 1Y3.6%
  • YTDn/a

Over the last 7 days, the Residential REITs industry has remained flat. The past year has been better, since the industry has gained 3.4% in that time. As for the next few years, earnings are expected to grow by 32% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026CA$17.1bCA$3.2bCA$818.2m9.5x20.9x5.3x
Mon, 19 Jan 2026CA$17.7bCA$3.3bCA$1.2b6.8x15.4x5.4x
Wed, 17 Dec 2025CA$16.1bCA$3.3bCA$1.2b5.6x14x4.9x
Fri, 14 Nov 2025CA$17.2bCA$3.3bCA$1.1b6.5x16x5.2x
Sun, 12 Oct 2025CA$17.7bCA$3.4bCA$966.9m7.9x18.3x5.2x
Tue, 09 Sep 2025CA$19.0bCA$3.4bCA$967.9m7.9x19.6x5.6x
Thu, 07 Aug 2025CA$19.0bCA$3.3bCA$797.3m6.7x23.8x5.8x
Sat, 05 Jul 2025CA$18.8bCA$3.3bCA$901.0m5.7x20.8x5.8x
Mon, 02 Jun 2025CA$19.1bCA$3.3bCA$905.4m5.7x21.1x5.8x
Wed, 30 Apr 2025CA$17.4bCA$3.3bCA$1.4b8.3x12.4x5.3x
Fri, 28 Mar 2025CA$17.9bCA$3.3bCA$1.4b8.5x12.8x5.5x
Sun, 23 Feb 2025CA$17.2bCA$3.3bCA$1.2b12.7x14.1x5.3x
Tue, 21 Jan 2025CA$17.3bCA$3.3bCA$996.4m7.8x17.4x5.3x
Thu, 19 Dec 2024CA$18.9bCA$3.3bCA$994.3m8.1x19x5.8x
Sat, 16 Nov 2024CA$19.3bCA$3.2bCA$1.0b8.6x19.3x5.9x
Mon, 14 Oct 2024CA$21.2bCA$3.2bCA$792.0m6.3x26.7x6.6x
Wed, 11 Sep 2024CA$22.1bCA$3.2bCA$795.2m6.1x27.7x6.9x
Fri, 09 Aug 2024CA$20.3bCA$3.2bCA$728.5m5.7x27.8x6.3x
Sun, 07 Jul 2024CA$19.0bCA$3.2bCA$772.0m6.6x24.6x6x
Tue, 04 Jun 2024CA$18.7bCA$3.2bCA$772.0m6.6x24.2x5.9x
Thu, 02 May 2024CA$18.3bCA$3.1bCA$171.1m6.5x106.9x5.8x
Sat, 30 Mar 2024CA$19.9bCA$3.1bCA$181.2m7x110x6.4x
Mon, 26 Feb 2024CA$20.8bCA$3.1bCA$170.4m5.6x122.2x6.7x
Wed, 24 Jan 2024CA$19.7bCA$3.1b-CA$22,787,521.007.8x-865.1x6.4x
Fri, 22 Dec 2023CA$19.1bCA$3.1b-CA$19,723,195.007.2x-970.4x6.3x
Sun, 19 Nov 2023CA$18.1bCA$3.1bCA$110.0m6.9x164.5x5.9x
Tue, 17 Oct 2023CA$18.4bCA$3.0bCA$706.2m23.8x26.1x6.1x
Thu, 14 Sep 2023CA$19.2bCA$3.0bCA$705.3m11.3x27.3x6.4x
Sat, 12 Aug 2023CA$19.4bCA$3.0bCA$704.5m11.3x27.6x6.5x
Mon, 10 Jul 2023CA$19.1bCA$2.9bCA$1.0b4.2x18.5x6.6x
Wed, 07 Jun 2023CA$19.3bCA$2.9bCA$1.0b4.5x18.7x6.6x
Fri, 05 May 2023CA$18.9bCA$2.9bCA$1.4b5.5x13.2x6.6x
Sun, 02 Apr 2023CA$18.9bCA$2.9bCA$1.5b3.5x12.4x6.5x
Tue, 28 Feb 2023CA$20.5bCA$3.0bCA$2.0b3.2x10.1x6.9x
Price to Earnings Ratio

10.1x


Total Market Cap: CA$20.5bTotal Earnings: CA$2.0bTotal Revenue: CA$3.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Residential REITs Industry Price to Earnings3Y Average -47.5x202420252026
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 21.1x which is higher than its 3-year average PE of -47.5x.
  • The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Residential REITs industry have declined 26% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.9% 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 Market1.43%
Real Estate1.51%
REITS0.82%
Residential REITs0.83%
Hotel and Resort REITs4.11%
Healthcare REITs3.13%
Specialized REITs3.03%
Retail REITs1.53%
Office REITs1.07%
Diversified REITs0.82%
Industrial REITs0.48%
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$38.011.0%
+CA$56.0m		-4.5%PB0.7x
BEI.UN Boardwalk Real Estate Investment TrustCA$66.761.0%
+CA$32.4m		3.7%PB0.7x
KMP.UN Killam Apartment REITCA$17.121.2%
+CA$25.5m		5.7%PB0.7x
GO.U GO Residential Real Estate Investment TrustUS$10.602.6%
+US$9.0m		n/aPB0.4x
IIP.UN InterRent Real Estate Investment TrustCA$13.410.2%
+CA$4.2m		37.0%PB0.8x

Latest News

KMP.UN
CA$17.12
Killam Apartment REIT
7D
1.2%
1Y
5.7%
GO.U
US$10.60
GO Residential Real Estate Investment Trust
7D
2.6%
1Y
n/a
CAR.UN
CA$38.01
Canadian Apartment Properties Real Estate Investment Trust
7D
1.0%
1Y
-4.5%
BEI.UN
CA$66.76
Boardwalk Real Estate Investment Trust
7D
1.0%
1Y
3.7%
NRR.UN
CA$16.89
Northview Residential REIT
7D
1.4%
1Y
17.5%
MRG.UN
CA$18.72
Morguard North American Residential Real Estate Investment Trust
7D
0.2%
1Y
13.4%
IIP.UN
CA$13.41
InterRent Real Estate Investment Trust
7D
0.2%
1Y
37.0%
HOM.UN
CA$16.90
BSR Real Estate Investment Trust
7D
-0.6%
1Y
2.5%
ERE.UN
CA$1.15
European Residential Real Estate Investment Trust
7D
0.9%
1Y
-54.2%