Rent Prices Fall Again In Toronto, Remain Flat In Vancouver

The average rent for residential properties in Canada dropped slightly in November, marking a 0.2% decrease from the previous month's record high. Vancouver had the highest average rent for a one-bedroom unit, followed by Burnaby. In the Greater Toronto Area, Toronto had the third highest average rent for a one-bedroom unit. Rents have increased annually by 8%, with the highest growth seen in one-bedroom apartments. Rent increases have started to slow in Vancouver and Toronto.

Continue to full article






Leave a Reply

Your email address will not be published. Required fields are marked *