Toronto rental rates decline for the seventh month in a row

Toronto rental rates continue to decline, as families look for bigger space.

According to Bullpen Research and rentals.ca, single-family rental rates are down 20 per cent, while condo rents are down 16 per cent.

For the seventh month in a row, the average rent for a one-bedroom apartment is below $2,000, down 15 per cent, and two bedrooms are down 12 per cent.
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