Annual rental prices fell for the 1st time in over three years, but only in big cities

Canadian rental prices fell 1.2 per cent in October compared to the same time last year. It's the first time that annual rents have declined since July 2021, according to a new report.

Annual rental prices fell for the 1st time in over three years, but only in big cities
Balconies of an apartment building.

Canadian rental prices fell 1.2 per cent in October compared to the same time last year. It's the first time that annual rents have declined since July 2021, according to a new report.