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Canadian rents grew only 2.1% YoY in September, the slowest since Oct 2021, with declines in Ontario and BC, and a rise in Saskatchewan.
In September, Canadian rents grew only 2.1% year-over-year, the slowest rate since October 2021, averaging $2,193.
This marks five months of declining growth due to a significant drop in foreign student enrollments.
Ontario and British Columbia saw the largest declines in rents, with decreases of 4.3% and 3.2%, respectively.
Conversely, Saskatchewan experienced a notable 23.5% increase in rental prices, while rents fell in major cities like Vancouver and Toronto.
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Los alquileres canadienses crecieron sólo 2,1% YoY en septiembre, el más lento desde octubre de 2021, con descensos en Ontario y BC, y un aumento en Saskatchewan.