Canada
The housing market in Canada isn’t just good for buyers. Renters are also finding lower prices as average asking rents hit a 31-month low in January. The numbers come from Rentals.ca and Urbanation’s latest national rent report, which showed the average rent for all residential properties dropped two per cent year-over-year to $2,057 last month.“If you’re looking to get into the rental market, this is the best time we’ve seen in years,” said Giacomo Ladas, associate communications director at Rentals.ca. “It really has gone back to the renter, which is a good thing.”Rents declined for the 16th consecutive month, with…
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