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Asking apartment rents continue to decline

Lease rates drop for eighth consecutive month on annual basis in May, according to Rentals.ca and Urbanation
The high-rise condo at 300 Front St. W. in Toronto is pictured. (Getty Images)
The high-rise condo at 300 Front St. W. in Toronto is pictured. (Getty Images)
CoStar News
June 13, 2025 | 9:14 P.M.

Apartment rents continue to fall across the country from a year ago due to a jump in supply.

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