?? SUMMER 2024 RENTAL STATS FOR INVESTORS

? Rentals.ca reported -4.4% month-over-month rental activity between May 2024 to June 2024. This is the complete opposite of the traditional trend where we typically see strong increases in rental demand during the late Spring and Summer months

? Annual comparisons indicate a dramatic -32% decline in rental demand with average rental demand trending down since 2022

?? Why have rental demand and rent prices surprisingly decreased in Toronto this summer?

Discover the reasons at bit.ly/TorontoRentalMarket

?? As real estate investors ourselves, we understand the critical importance of thorough background checks and due diligence in securing great tenants. If you’re looking for a trusted real estate team to help you find a great investment property or a reliable tenant, give Karen’s team a call at 647-836-2895