📉 RENT PRICES DROPPING NATIONWIDE! 🏡

For the 8th straight month, average asking rents in Canada are down — now sitting at $2,129 in May! That’s a 3.3% drop from last year, with Ontario seeing the biggest decrease at $2,335 on average. 📊

What’s behind the trend? More supply 🏗️, slower population growth 📉, and economic uncertainty 💼.

Now might be the perfect time to make your move — whether you’re renting, buying, or investing! Let’s talk strategy 📞

📲 Gurpinder Gaheer
Real Estate Broker & Mortgage Broker
📞 647-999-3962
📧 gurpinder@gaheer.com

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Source: https://www.bnnbloomberg.ca/business/real-estate/2025/06/09/average-asking-rents-fall-annually-for-eighth-straight-month-to-2129-report/