prices

National rent prices fall year-on-year for first time since pandemic: report Debt Guru

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National rent prices fall year-on-year for first time since pandemic: report Debt Guru

By Sammy Hudes The report from Rentals.ca and Urbanation reveals that average asking rents across Canada stood at $2,152 in October, down 1.2% from the same month in 2023 – the first national decline since July 2021 . The decline is primarily concentrated in Canada’s large urban centers, with cities like Toronto, Vancouver, Calgary and … Read more

The fall in interest rates is not yet driving up real estate prices! Debt Guru

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The fall in interest rates is not yet driving up real estate prices! Debt Guru

The slowdown we’ve already seen through much of 2024 continued in September, with CoreLogic’s Hedonic Home Value Index (HVI) showing values ​​fell another 0.5% across the board. national. This is the seventh consecutive monthly decline and since February, declines now total a total of 4.7%, reducing values ​​by $39,399 from $844,825 to $805,426. To be … Read more