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Canada Rental Market Sees 4% Yearly Decline

Canada's Rental Market: A Glimmer of Hope Amidst a Prolonged Decline The latest report from Rentals.

ca and Urbanation reveals asking rents in Canada have fallen by more than 4% compared to last year, marking the 21st consecutive month of year over year declines.

This trend may be slowing down, with prices ticking up 0. 2% on a month over month basis from May. At face value, the news might seem like a reason to celebrate.

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