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These Toronto neighbourhoods have seen rent prices drop by more than 30% since last year


These Toronto neighbourhoods have seen rent prices drop by more than 30% since last year
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Toronto rent prices continue to stabilize after more than a year of steadily freefalling amid the COVID pandemic, but as 2021 rolls along under a lockdown that just won t seem to end, it should still be a while before we actually see an actual rebound.
In fact, some neighbourhoods across Canada s largest city are still marking both year-over-year
and month-over-month rent declines.
For most of 2020, the average rent per square foot steadily declined, ending the year at $2.76 per square foot in December 2020. In April 2021, the average rent per square foot was $2.78, reads the latest Toronto GTA Rent Report from Bullpen Research and TorontoRentals.com. ....

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Third wave of COVID-19 'wreaking havoc' on Toronto, top doctor says


 
TORONTO
Toronto could see about 2,500 COVID-19 cases per day by the end of April if the current rate of transmission remains the same, the city’s top doctor said Monday.
In a presentation to Toronto’s Board of Health, Dr. Eileen de Villa said that the third wave of the pandemic is “wreaking havoc” on the city.
“All together this says that right now, what we can anticipate of this third wave, is likely going to be worse than we have seen thus far over the course of the pandemic,” the medical officer of health said.
“As I ve mentioned already now a couple of times, this is due to increased transmission, and increased severity associated with that B.1.1.7. variant of concern, which is now the dominant strain.” ....

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Toronto could see 2,500 daily coronavirus cases by end of April, city's doctor says


Last Updated Monday, April 12, 2021 5:00PM EDT
Toronto could see about 2,500 COVID-19 cases per day by the end of April if the current rate of transmission remains the same, the city’s top doctor said Monday.
In a presentation to Toronto’s Board of Health, Dr. Eileen de Villa said that the third wave of the pandemic is “wreaking havoc” on the city.
“All together this says that right now, what we can anticipate of this third wave, is likely going to be worse that we have seen thus far over the course of the pandemic,” the medical officer of health said. ....

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