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Canadian (TSX) Residential REITs Industry Analysis

UpdatedSep 27, 2025
DataAggregated Company Financials
Companies13
  • 7D-5.9%
  • 3M-8.6%
  • 1Y-20.3%
  • YTD-2.2%

In the last week, the Residential REITs industry is down 5.9% with European Residential Real Estate Investment Trust down the most at 59%. The industry has fallen 20% in the last year. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Sep 2025CA$18.8bCA$3.5bCA$1.1b7.2x17.1x5.4x
Mon, 25 Aug 2025CA$18.9bCA$3.4bCA$744.1m7.8x25.4x5.6x
Wed, 23 Jul 2025CA$19.7bCA$3.4bCA$1.0b5.6x18.9x5.8x
Fri, 20 Jun 2025CA$19.2bCA$3.4bCA$1.0b5.8x18.4x5.7x
Sun, 18 May 2025CA$18.7bCA$3.4bCA$1.0b5.3x17.8x5.5x
Tue, 15 Apr 2025CA$17.1bCA$3.4bCA$1.5b6.8x11x5x
Thu, 13 Mar 2025CA$18.2bCA$3.4bCA$1.5b9.7x12x5.3x
Sat, 08 Feb 2025CA$18.2bCA$3.4bCA$1.1b7.2x16.4x5.4x
Mon, 06 Jan 2025CA$19.0bCA$3.4bCA$1.1b7.6x17.2x5.6x
Wed, 04 Dec 2024CA$20.1bCA$3.4bCA$1.1b7.9x18.2x6x
Fri, 01 Nov 2024CA$20.7bCA$3.3bCA$841.9m6.5x24.6x6.2x
Sun, 29 Sep 2024CA$22.9bCA$3.3bCA$908.2m6.2x25.2x6.9x
Tue, 27 Aug 2024CA$22.1bCA$3.3bCA$908.5m5.8x24.3x6.7x
Thu, 25 Jul 2024CA$21.1bCA$3.3bCA$851.4m6.2x24.8x6.4x
Sat, 22 Jun 2024CA$18.7bCA$3.3bCA$852.6m5.5x22x5.7x
Mon, 20 May 2024CA$19.6bCA$3.3bCA$854.1m5.9x23x6x
Wed, 17 Apr 2024CA$19.0bCA$3.2bCA$263.8m5.3x71.9x5.9x
Fri, 15 Mar 2024CA$20.7bCA$3.2bCA$269.3m5.7x76.9x6.4x
Sun, 11 Feb 2024CA$20.7bCA$3.2bCA$76.0m5.5x272.3x6.6x
Tue, 09 Jan 2024CA$19.8bCA$3.1bCA$66.9m6.7x296.2x6.3x
Thu, 07 Dec 2023CA$19.8bCA$3.2bCA$64.4m6.4x306.6x6.3x
Sat, 04 Nov 2023CA$18.8bCA$3.1bCA$652.3m8.4x28.8x6x
Mon, 02 Oct 2023CA$18.7bCA$3.1bCA$777.0m10.7x24.1x6.1x
Wed, 30 Aug 2023CA$19.5bCA$3.1bCA$773.7m8.6x25.2x6.3x
Fri, 28 Jul 2023CA$20.6bCA$3.0bCA$1.1b4.4x18.6x6.9x
Sun, 25 Jun 2023CA$18.7bCA$3.0bCA$1.1b4.3x17x6.3x
Tue, 23 May 2023CA$19.6bCA$3.0bCA$1.1b4.6x17.5x6.5x
Thu, 20 Apr 2023CA$19.4bCA$3.0bCA$1.6b3.7x12.3x6.5x
Price to Earnings Ratio

12x


Total Market Cap: CA$19.0bTotal Earnings: CA$1.6bTotal Revenue: CA$3.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Residential REITs Industry Price to Earnings3Y Average 50.3x20242025
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 17.1x which is lower than its 3-year average PE of 50.3x.
  • The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 5.4x.
Past Earnings Growth
  • The earnings for companies in the Residential REITs industry have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.5% 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 Trends

Which industries have driven the changes within the Canadian Real Estate industry?

CA Market0.44%
Real Estate-2.73%
Residential REITs-5.94%
Single-Family Residential REITs-2.81%
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
DRR.UN Dream Residential Real Estate Investment TrustCA$14.660.5%
+CA$1.1m		46.6%PB0.7x
FCA.UN Firm Capital Apartment Real Estate Investment TrustCA$4.310.5%
+CA$152.1k		-16.3%PB0.5x

Latest News

ERE.UN
CA$1.01
European Residential Real Estate Investment Trust
7D
-59.1%
1Y
-68.9%
DRR.UN
CA$14.66
Dream Residential Real Estate Investment Trust
7D
0.5%
1Y
46.6%
GO.U
US$11.85
GO Residential Real Estate Investment Trust
7D
-2.5%
1Y
n/a
KMP.UN
CA$17.76
Killam Apartment REIT
7D
-1.1%
1Y
-14.8%
MI.UN
CA$13.49
Minto Apartment Real Estate Investment Trust
7D
-2.3%
1Y
-19.7%
HOM.UN
CA$17.75
BSR Real Estate Investment Trust
7D
-3.2%
1Y
-6.3%
FCA.UN
CA$4.31
Firm Capital Apartment Real Estate Investment Trust
7D
0.5%
1Y
-16.3%
MHC.UN
CA$25.90
Flagship Communities Real Estate Investment Trust
7D
-2.8%
1Y
24.5%
CAR.UN
CA$40.45
Canadian Apartment Properties Real Estate Investment Trust
7D
-1.9%
1Y
-25.2%
BEI.UN
CA$68.45
Boardwalk Real Estate Investment Trust
7D
-3.5%
1Y
-19.1%