Canadian rental prices fell 1.2 per cent — but will this trend continue? | Canada Tonight

Canadian rental prices fell 1.2 per cent in October compared with the same time last year, marking the first time that annual rents have declined since July 2021, according to a new report by Rentals.ca and real estate data firm Urbanation. Tom Davidoff, director of the UBC Centre for Urban Economics and Real Estate, gives an overview of the rental market and what could be expected in the coming months. Read more: cbc.ca/1.7376823 »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX Follow CBC News on TikTok: https://bit.ly/3TnHioe Follow CBC News on Twitter: http://bit.ly/1sA5P9H Find CBC News on Facebook: http://bit.ly/1WjG36m Follow CBC News on Instagram: http://bit.ly/1Z0iE7O Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.

Canadian rental prices fell 1.2 per cent — but will this trend continue? | Canada Tonight
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Canadian rental prices fell 1.2 per cent in October compared with the same time last year, marking the first time that annual rents have declined since July 2021, according to a new report by Rentals.ca and real estate data firm Urbanation. Tom Davidoff, director of the UBC Centre for Urban Economics and Real Estate, gives an overview of the rental market and what could be expected in the coming months.

Read more: cbc.ca/1.7376823

»»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS

Connect with CBC News Online:

For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX
Follow CBC News on TikTok: https://bit.ly/3TnHioe
Follow CBC News on Twitter: http://bit.ly/1sA5P9H
Find CBC News on Facebook: http://bit.ly/1WjG36m
Follow CBC News on Instagram: http://bit.ly/1Z0iE7O
Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr

Download the CBC News app for iOS: http://apple.co/25mpsUz
Download the CBC News app for Android: http://bit.ly/1XxuozZ

»»»»»»»»»»»»»»»»»»
For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.

Video length: 7:16
Category: News & Politics
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