Rents fall as new completions surge and demand slows, but rebound expected: CMHC

Canada’s housing agency says rental prices have fallen amid an influx of new completions and slower population growth, but demand in major cities is expected to grow in part due to improving affordability. Canada Mortgage and Housing Corp.’s mid-year rental market report says increased supply competition from new builds is driving asking rents lower, particularly … 

Canada’s housing agency says rental prices have fallen amid an influx of new completions and slower population growth, but demand in major cities is expected to grow in part due to improving affordability. Canada Mortgage and Housing Corp.’s mid-year rental market report says increased supply competition from new builds is driving asking rents lower, particularly …  CMT News 

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