A man walks by as sign advertising real estate for rent in the SoHo area of New York City on Feb. 8, 2024. Year-over-year inflation reached its lowest level in more than three years in July, with nearly all the increase reflecting higher rental prices and housing costs.
Average asking rents fell nationally to $2,109 in December on a year-over-year basis, marking a 17-month low, according to a new report.Posted: Jan 09, 2025 5:18 PM EST | Last Updated: 3 hours ago
A monthly report from Rentals.ca and Urbanation says average asking rents across Canada were down 3.2 per cent from the same month last year, as December marked the fifth consecutive month of declines.
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