After years of record demand, Canada’s rental market is beginning to cool as reduced immigration levels ease pressure on housing demand nationwide. Recent reports show rent prices are dipping across major cities, a shift linked to declining newcomer arrivals in early 2025. In Toronto, for instance, the average rent for a one-bedroom apartment dropped by...
Canada’s rental market is undergoing a quiet but significant shift. For years, rising rents and housing shortages sparked concern across major cities. But now, something unexpected is happening: advertised rents are starting to dip in some urban areas. What’s driving this change? A drop in the number of temporary residents, spurred by recent immigration policy...
