{"id":218,"date":"2025-08-05T17:00:00","date_gmt":"2025-08-05T17:00:00","guid":{"rendered":"https:\/\/www.kaviankarimi.com\/blog\/?p=218"},"modified":"2025-08-05T17:00:00","modified_gmt":"2025-08-05T17:00:00","slug":"toronto-rents-dip-for-first-time-in-three-years-but-experts-warn-it-wont-last","status":"publish","type":"post","link":"https:\/\/www.kaviankarimi.com\/blog\/2025\/08\/toronto-rents-dip-for-first-time-in-three-years-but-experts-warn-it-wont-last\/","title":{"rendered":"Toronto Rents Dip for First Time in Three Years \u2014 But Experts Warn It Won&#8217;t Last"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Toronto condo rents fell 1.2% year-over-year in Q2 2024, the first drop since 2021, with studios down 3.9% and one-bedrooms 1.8%. Average rent is $3.97 per sq ft, about $2,723 monthly. Despite a 29% rise in lease transactions, increased listings eased rent pressures temporarily. However, rental construction remains insufficient to meet demand, and rents are expected to rise again soon.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/weeklyvoice.com\/toronto-rents-dip-for-first-time-in-three-years-but-experts-warn-it-wont-last\/\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Toronto condo rents fell 1.2% year-over-year in Q2 2024, the first drop since 2021, with studios down 3.9% and one-bedrooms 1.8%. Average rent is $3.97 per sq ft, about $2,723 monthly. Despite a 29% rise in lease transactions, increased listings eased rent pressures temporarily. However, rental construction remains insufficient to meet demand, and rents are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-218","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts\/218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/comments?post=218"}],"version-history":[{"count":1,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts\/218\/revisions"}],"predecessor-version":[{"id":220,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/posts\/218\/revisions\/220"}],"wp:attachment":[{"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/media?parent=218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/categories?post=218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kaviankarimi.com\/blog\/wp-json\/wp\/v2\/tags?post=218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}