Average asking rents fall again in July to $2,121, report says
The national average asking rent in July fell 3.6 per cent from a year earlier to $2,121, marking the 10th straight month of year-over-year decreases and the largest drop of 2025 so far.
The latest monthly report from Rentals.ca and Urbanation says asking rents held roughly steady in July on a month-over-month basis, down $4 from June.
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