Quotes are directly from the article. Below is NOT the full article. Visit the link for the full text. Written by Dave Waddell of the Windsor Star, on the 11th of July, 2025.
"Less foreign students and more residential units in the local marketplace means Windsor area renters are getting cost-of-living relief. Article content
“There’s just an overwhelming inventory. It’s almost a renters’ market,” said Goldmar Property Management owner Patrice Surette.
“What we’re seeing is tons of listings and they’re not moving as quickly,” adds Dan Gemus, co-owner of Dan Gemus Real Estate Team."
"Surette describes the past year not so much as a price decline as a market adjustment.
“Maybe the market was overly inflated, but the market is coming back to where the rents should be,” Surette told the Star. “It’s great for tenants."
Looks promising! Lower rents is better for everyone.
I went ahead and updated the sidebar to showcase the news options for windsor and the ultimate nationality of their ownership.
I don’t disagree, but I’m not familiar with alternatives for Windsor. It always pissed me off that they couldn’t even spring for the .ca in the website url.
I’ll look into alternatives to add variety though, there does actually be a few options.
trade war has nothing to do with it?
re the students, has the actual number of students attending school declined so much? I didn’t follow that story too closely. If the number of students is similar, shouldn’t the housing needs remain constant?
According to the article its twofold: they built more housing, and there are indeed less international students arriving into the country due to changes in federal policy.
Average rent has fallen nationally for 9 months straight now.
All just in time for me to begin renting my first apartment! Lucky me. I think Toronto will still be a bit out of reach for my wallet though…