Rents rise 2.1% in September, marking fifth straight monthly slowdown: report

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Rents rise 2.1% in September, marking fifth straight monthly slowdown: report
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TORONTO — A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1 per cent year-over-year. The report from Rentals.

TORONTO — A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1 per cent year-over-year.

Urbanation president Shaun Hildebrand says rents in Canada are increasing at the slowest pace in nearly three years, which he attributes to foreign student enrolments dropping by roughly half from record highs.

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