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GTA rents continue surge – Via Canadian Real Estate Magazine

GTA rents continue surge – Via Canadian Real Estate Magazine

 

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Condominium rents in the Greater Toronto Area have continued surging.

According to Urbanation, during the third quarter of 2018, condo rents grew 9.4% year-over-year, hitting $3.26 per square foot, while monthly rents rose 7.6% annually, reaching $2,385. The average unit during the third quarter declined from 744 square feet to 731.

 

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