CICNews
Residents in Canada are seeing lower rents. The Canada Mortgage and Housing Corporation (CMHC), the country’s national housing authority, has reported declines in asking rents in several major housing markets due to outflows of international students and foreign workers. Softening markets include Toronto, Vancouver, and Calgary…
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Rental market softens as temporary residents leave Canada
Asheesh Moosapeta
15:22
Residents in Canada are seeing lower rents. The Canada Mortgage and Housing Corporation (CMHC), the country’s national housing authority, has reported declines in asking rents in several major housing markets due to outflows of international students and foreign workers. Softening markets include Toronto, Vancouver, and Calgary…
