BNN Bloomberg
🏢 Bell Media
Aug 7, 2026
· 2 min read
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Average asking rents fall 4% in July as market 'stabilizing, but not yet recovering' - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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LEFTCENTERRIGHT
Signal breakdown
Heuristic (v1/v3)
0.00 · CENTER
ML v2 (DistilBERT)
0.000 · CENTER
Ensemble
0.000 · CENTER
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Rolling outlet bias
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Article Excerpt
TORONTO — A new report says the average national asking rent fell four per cent in July compared with last year and now stands at $2,037.
That marks the 22nd consecutive month of year-over-year declines in the average cost being sought by landlords, according to the latest monthly analysis from Rentals.ca and Urbanation.
Asking rents have now fallen 7.5 per cent over the past two years.
However, July’s decrease was the smallest year-over-year drop since February, and prices continue to rise when comparing month to month.
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Aug 7, 2026