Real Estate News

Rent Actually Went Down In These 8 Canadian Cities Recently & It Might Be Time To Move

If the price of your place is bumming you out, you might want to take a look at some of the cities in Canada where rent actually went down last month.

According to the Canadian Rent Report by Zumper released on December 15, there are a few spots across the country where rent didn't see an uptick from October to November for a one-bedroom rental.

Abbotsford, B.C., saw the largest decrease month-over-month with the median cost of a single bedroom falling 4.8% to $1,400. Winnipeg also saw a significant drop with rent decreasing 4.7% to cost just over $1,000. Over in Ontario, Windsor saw a 3.4% decline in price with a one-bedroom coming in at $1,150.

Other cities that experienced a decline in the price of rent in November were Kitchener with the median price of a one-bedroom coming in at $1,490, London at $1,280, Edmonton at $930, Quebec City at $920 and Regina at $890.

Continue to read on: NARCITY

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David Stoddard
David Stoddard
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