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A for-rent and a for-sale sign are displayed on a house in a new housing development in Ottawa on Oct. 14, 2022. The Canadian Press/Sean Kilpatrick
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The national average asking rent in May was down 3.3 percent from a year earlier at $2,129, marking the eighth consecutive month of year-over-year decreases.
The monthly report from Rentals.ca and Urbanation said Monday asking rents held steady from April, with a 0.1 percent month-over-month increase.
