The average price of rent in Toronto has declined for the third month in a row, according to a recent report by rentals.ca. According to the April report, the average asking price for a Toronto rental apartment decreased in April and is now down 0.7 per cent month-over-month to an average $2,782. The slowdown began in Oct. 2023 – the first time that the Toronto rental market lowered in cost since August 2021. However, Toronto remains among one of the most expensive cities in Canada to... Read this story
