Canada’s rental market implodes: Preconstruction buyers face massive losses as market crashes
1/ National rents are in free fall. Average asking rent fell 4.8% nationally to $2,088 in February – the 5th straight month of declines. — Shazi (@ShaziGoalie) March 20, 2025 3/ Toronto & Vancouver are no longer safe bets. 🔷 Rents for studios dropped 5-6% in both cities. 🔷 Over 20,000 new condos will hit …