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Rents in Canada drop to lowest level since July 2023 | Globalnews.ca

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Summary
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76% Informative

The average asking rent for all residential properties in Canada fell to $ 2,088 in February , marking a 4.8 per cent annual decline.

This in sharp contrast to last year , when rents rose by $ 209 a month from February 2023 to February 2024 .

Ontario had the overall largest decline in asking rents for apartments at 4.2 per cent .

VR Score

84

Informative language

87

Neutral language

91

Article tone

formal

Language

English

Language complexity

33

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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