Average asking rents declined nationally on a year-over-year basis for the first time in more than three years in October, said a report out Thursday.
Real estate signage showing an apartment for rent is seen on Monday, May 15, 2023 in Montreal.THE CANADIAN PRESS/Christinne Muschiacross Canada sat at $2,152 in October, down 1.2 per cent from the same month in 2023 — the first national decrease since July 2021.The decline is mainly concentrated in Canada’s major urban centres, with cities like Toronto, Vancouver, Calgary, and Montreal seeing rent decreases.
B.C. and Ontario recorded the most significant annual rent decreases among the provinces, with the former seeing average asking rents for apartments down 3.4 per cent to $2,549 and the latter recording a 5.7 per cent drop to $2,350. However, Edmonton led rent growth in Canada’s largest markets as apartment rents rose 8.4 per cent annually to an average of $1,584.
Prince William has described the past year as "brutal" following cancer diagnoses for his wife and father. "Honestly, it's been dreadful," he said.Three people have been charged in relation to One Direction singer Liam Payne's death in a fall from his Buenos Aires hotel balcony last month, Argentine authorities said on Thursday.
Claude Paquin was found guilty on two charges of first-degree murder in 1983. Now 81 years old, he's finally free after being acquitted.A judge is urging the Manitoba government to look at establishing a safe sobering centre in a northern community to prevent in-custody deaths of people detained due to intoxication.
B.C. man discovers 115 stuffed animals hidden behind wall, begins donating them to people around worldThe commissioner of the Canadian Football League is in Calgary on Friday, set to make a major announcement at McMahon Stadium.The NCAA Division I Council on Thursday approved a rule allowing players with Canadian Hockey League experience to compete at U.S. colleges starting next season.
Auston Matthews has come face to face with his look-alike. On Thursday, the Maple Leafs star met seven-year-old Grayson Joseph, who went viral for dressing up as an Auston Matthews hockey card. The commissioner of the Canadian Football League is in Calgary on Friday, set to make a major announcement at McMahon Stadium.A community-led rally will be held at city hall on Friday afternoon to show support for the Inglewood Aquatic Centre.A male was taken to hospital with serious injuries after being struck by a freight train in southwest Calgary on Thursday evening.City of Ottawa staff have selected two sites for the sprung structures that would be built to house and support asylum seekers.
It’s been eight years since Don Atchison’s 13-year run as mayor of Saskatoon ended, but the longest serving mayor in the city’s history is as passionate as ever, and he wants another crack at the job.Workers at the Saskatoon Public Library are ready to hit the picket lines on Tuesday if they don’t see an offer that addresses their wage and safety concerns.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ottawa Real Estate: Average rent drops in Ottawa in OctoberThe cost of renting an apartment in Ottawa dropped in October, with lower rental rates for bachelor and two-bedroom apartments.
Read more »
Canada is now warming at roughly double the global average rateIt's getting hotter and hotter every summer in Canada, and a lot of it has to do with human-caused climate change. Over the summer, Environment and C…
Read more »
Top 10 major upcoming Ontario and Quebec construction projects - Canada - October 2024Canada's construction news
Read more »
Voices Against Violence Canada-Wide Rally Set for October 21, 2024Sault Ste. Marie, ON – Voices Against Violence is organizing nationwide rallies in cities across Canada to raise awareness about violence against women and children.
Read more »
Statistics Canada to release October jobs report todayStatistics Canada is set to release its October labour force survey this morning, shedding light on employment trends and wage growth last month.
Read more »
Canada adds fewer jobs than expected in October, wages riseCanada added lower-than-expected 14,500 jobs in October and wages of permanent employees rose, data showed on Friday, as the economy grappled to absorb the slack built up due to a rapidly rising population amid an overheated market.
Read more »