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Ontario rents declining everywhere except one university city

National rent report shows provincial correction underway, with student-driven demand holding prices up

· 1 min read · HOC Toronto Desk

Ontario continues to lead Canada's rental market correction, with nearly every major city in the province experiencing year-over-year rent declines. One notable exception bucking the trend is a city where tight student-driven demand continues pushing prices higher, according to a new national rent report from a digital marketplace.