Average asking rents fall annually for 10th straight month to $2,121: report

The national average asking rent in July fell 3.6 per cent from a year earlier to $2,121, marking the 10th straight month of year-over-year decreases and the largest drop of 2025 so far.

The latest monthly report from Rentals.ca and Urbanation says asking rents held roughly steady in July on a mo...