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Report: Average Rent In Fort McMurray Sees Drop In 2020

By Jaryn Vecchio
Fort McMurray, October 2018
The average price to rent in Fort McMurray saw a drop in 2020 compared to previous years.
According to Rentals.ca, renting a one-bedroom space last December averaged just over $1,000. This was just under the amount renters paid in Edmonton.
The local cost is down roughly $200 from the end of 2019 and $300 from the end of 2018.
At one point in 2020, the average cost for renting a one-bedroom space dipped below $1,000.
As for two-bedrooms, they averaged over $1,200 in December. This was just a little lower than in 2019, but roughly $100 less when compared to 2018.
Matt Danison, CEO of Rentals.ca., noted this is a trend they’re seeing across the country. ....

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Vancouver's rental rates are the highest in the country, in spite of drop in 2020: report

A new report on housing shows rental prices have dropped in Vancouver year over year in late 2020, but the city topped the country when it came to high prices. ....

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Year over year, rents are up for one- and two-bedroom homes in Montreal

The average monthly rent for all Canadian properties listed on Rentals.ca in November declined 9.1 per cent annually to $1,743, making a 180-degree turn when compared to an increase of ....

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Toronto rent prices are down a whopping 20% since last year

Toronto rent prices are down a whopping 20% since last year
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Last year at this time, real estate analysts were reporting an eight per cent year-over-year increase in average rent prices across the City of Toronto, causing tenants in rent-controlled pads to further tighten their grips on units that were perhaps too tiny, too crowded, and sometimes in dire need of repairs.
Boy, how the tables have turned.
The newly-published 2020 December National Rent Report from Rentals.ca and Bullpen Research & Consulting indicates that the global coronavirus pandemic continues to wreak havoc on Toronto s rental market (for landlords, at least) with another steep dip in average prices recorded last month. ....

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