Despite Slowdown, Toronto Luxury Rents Among the Fastest-Rising in the World.

Original article via BuzzBuzzHome. Click here to read.

In the world of luxury rental markets, few have faster rising rents than Toronto, real estate consultancy Knight Frank suggests.

Luxury apartment rents in Toronto climbed 2.4 per cent annually in the first quarter of the year, according to Knight Frank’s Prime Global Rental Index.

That puts the city fourth on the quarterly index of 17 luxury markets in terms of growth, behind only Cape Town, Zurich and Guangzhou.

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