Average asking rents fall 4% in July as market ‘stabilizing, but not yet recovering’

Average asking rents fall 4% in July as market ‘stabilizing, but not yet recovering’

TORONTO — A new report says the average national asking rent fell four per cent in July compared with last year and now stands at $2,037.
That marks the 22nd consecutive month of year-over-year declines in the average cost being sought

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