Desperate for work, where will recent college grads move to?
Recent college graduates are scrambling to find rental markets with business employment opportunities.
BoC Governor Tiff Macklem says potential homebuyers are still hesitant as prices are still increasing, just at a slower pace. However, he believes they will come around.
With rent growth sluggish and fewer newcomers expected over the next few years, it seems the fall in inflation will hit the rental market harder than the sales market.
More rental market headlines
Ontario won't hit 1.5 million homes goal, housing starts shrink – CBC
Over 50% of screened rental applications fraudulent – Storeys
The tiny Ontario town selling properties for $10 a pop – Maclean’s
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