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USA July 8, 2026

Toronto Rental Market Shows Signs of Stabilization After Months of Decline

Toronto Rental Market Shows Signs of Stabilization After Months of Decline

The Toronto rental market may be stabilizing, according to a recent report. The average rent in Toronto grew 1.2% in June from May, marking the city's third consecutive gain since March.

An apartment for rent sign is pictured. Average rent in Canada. TORONTO SUN GRAPHIC

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