Weak economic backdrop could keep rent prices soft this summer: report

TORONTO — A new report says Canada could be poised for a slower-than-usual summer rental market as average asking rents for May were down approximately $100 from a year earlier.

The latest monthly analysis from Rentals.ca and Urbanation finds the average asking rent for May was down 4.7 per cent year-over-year to $2,029, marking the […] ...