Apartment rents will continue to drop in 2025, a move that could further cool investor sentiment for the moribund condominium market, according to one of Canada's largest banks.
Canadian apartment rents expected to continue to decline in 2025
CIBC economists say government's decision to reduce immigration will hurt housing market
By Garry Marr
CoStar NewsNovember 26, 2024 | 9:32 P.M.
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- Properties
- CIBC Square - Phase I
81 Bay St, Toronto, ON
- Companies
- CIBC
Finance and Insurance