Growth of Toronto rental costs slows to lowest rate in years: report

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Growth of Toronto rental costs slows to lowest rate in years: report
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The growing rate of rental costs in Toronto is beginning to slow, according to a new Rentals.ca report.

The average asking prices for a rental unit in Toronto was only up 2.3 per cent year-over-year in September, according to data collected by the agency's Network of Internet Listings Services . This marks the slowest rate of growth for rental prices in the city in two years, the agency says.

Of the Ontario municipalities, besides Toronto, that made the list of most expensive apartment and condo rental markets in Canada, all were still within the Greater Toronto Area, including Oakville , Brampton , Vaughan , Mississauga , Etobicoke , and North York . Hamilton-Centre MPP Sarah Jama has been has been censured over her comments about the Israel-Gaza war on the same day that she was removed from the Ontario NDP caucus.A Santa Claus Parade in the west end of Ottawa is making its comeback this year, but Girl Guides will not be participating because of Girl Guides of Canada's secularism policy.

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