Toronto rent was down twenty point four per cent in December while real estate sales were way up

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Average rent for a one-bedroom in the City of Toronto real estate market was down 20.4 per cent year-over-year. According to Rentals.ca’s national rent report, average prices for one and two-bedroom apartments continued their slide, falling 2.4 and 2.1 per cent since November to $1,832 and $2,416, respectively.

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