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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 ....
According to the latest data on the state of the rental market in Toronto and the rest of the GTA, the region has seen a solid year of steadily dec. ....
Article content Montreal has bucked a trend among Canada’s major cities and seen rents increase during this annus horribilis, a report from rentals.ca suggests. The report notes that the national average rent for properties listed on the site declined by 9.1 per cent between November 2019 and November 2020, whereas rents in Montreal were up three per cent in November 2020, following a 15 per cent rise in November 2019. The increase was even more pronounced for some rental types in Montreal, such as one-bedroom units, which saw a nine per cent increase over the last year. (Insofar as not every rental property is listed on the site, these calculations may not be entirely representative.) ....
Toronto rent prices are down a whopping 20% since last year Stay in the loop Sign up for our free email newsletter. Unsubscribe anytime or contact us for details. 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. ....