Reduction activity
125 meaningful rent reductions
The average cut was $153.04/mo, or 5.6%.
At a glance
What changed today
Inventory balance
0.25 drops per new listing
492 new listings entered the market while 14 asking rents increased.
Largest movement
$500/mo
325 - 699 SHEPPARD AVENUE E, Toronto (Bayview Village)
Reduction distribution
How large were today’s rent cuts?
Under 2%
6
5% of drops
2% to 5%
58
46% of drops
5% to 10%
49
39% of drops
10%+
12
10% of drops
City activity
Where listing movement was concentrated
CityDropsNew
Toronto66269
Mississauga1045
Richmond Hill713
Vaughan521
Milton414
Ajax44
Brampton323
Markham317
Largest reductions
Today’s notable rent drops
Inventory
New supply entering the market
492
New rentallistings were detected in today's snapshot. The highest new ask was $28,000/mo.