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perardi

And just north of the border: Toronto rent prices are down 14.9% year-over-year.

https://rentals.ca/national-rent-report

(Detached home prices? Up 10.8%, to an average of $1.14 million CAD. Sigh.)

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Same in SF. SFH have been moving pretty fast and prices have no really dropped.

Why is Montreal up 24% YOY?

Lots of people are moving to Montreal as they're priced out of Toronto

Yeah, that’s my anecdotal take. Montreal has had relatively cheap rent, and it’s attracted the youths. (Assuming said youths work for an English company and can get transferred, or they speak French.)

Not surprised to see Ottawa up a bit. Still pretty flat, but I have definitely known people who have moved there for the rent, or to buy.

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