Rents could drop 5 per cent — and vacancy rates might climb — in Toronto this year

Construction workers toil amongst the rebar and concrete at the foot of Yonge St. in downtown Toronto earlier this month.

Toronto could be a more comfortable place for tenants by the end of the year, even if the COVID-19 precautions slow down work at some construction sites, says the president of Urbanation, a market research firm which tracks development.

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Rex Jordan

Rex Jordan

I am the editor in chief of TorontoFox.com and I am currently residing in downtown Toronto with my wife and daughter while going to college for my masters in tourism.

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