Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Canadian average rents drop 4.4% to $2,100, marking four months of decline after 38 increases.

flag Average asking rents in Canada hit an 18-month low in January, down 4.4% to $2,100, marking the fourth consecutive month of declines after 38 straight increases. flag Despite this, rents are still 5.2% higher than two years ago and 16.4% higher than three years ago. flag Ontario saw the steepest declines, with apartment rents falling 5.2%, while British Columbia's rents decreased 2.6%. flag The decline is attributed to economic risks, lower immigration, and increased apartment supply.

32 Articles

Further Reading