๐ RENT PRICES DROPPING NATIONWIDE! ๐ก
For the 8th straight month, average asking rents in Canada are down โ 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. ๐
Whatโs behind the trend? More supply ๐๏ธ, slower population growth ๐, and economic uncertainty ๐ผ.
Now might be the perfect time to make your move โ whether you’re renting, buying, or investing! Letโs talk strategy ๐
๐ฒ Gurpinder Gaheer
Real Estate Broker & Mortgage Broker
๐ 647-999-3962
๐ง gurpinder@gaheer.com
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