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Rents went up just 2.1% in September, continuing monthly price slowdown [Video]

A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1 per cent year-over-year.

The report from Rentals.ca and Urbanation finds average asking rents sat at $2,193 for September, marking the fifth straight month that the annual rate has slowed from May’s nine per cent growth.

Urbanation president Shaun Hildebrand says rents in Canada are increasing at the slowest pace in nearly three years, which he attributes to foreign student enrolments dropping by roughly half from record highs.

A sign shows an apartment for rent in the Montreal borough of Lasalle on April 23, 2024. (Christinne Muschi/The Canadian Press)

However, rent still remains 13.4 per cent higher than it was two years ago and 25.2 per cent higher than three years ago, according to the report. 

Largest annual rent declines in Ontario and B.C. 

Ontario and B.C. recorded the most significant annual rent declines, with the …

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3 underrated Netflix shows you should watch this weekend (May 31-June 2) [Video]

Need a way to close out May and welcome June this weekend? Then watch these three great Netflix shows, which star Aubrey Plaza, Chris Evans, Omar Sy, and more.

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Home Based Business Small Business Growth Small Business Lifestyle Small Business Marketing

He Said, She Said: How to Manage Online Customer Reviews [Video]

Master the art of managing online customer reviews by addressing feedback, responding effectively, and cultivating a positive online reputation. Your professional brand image depends on it!