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Stock impact report

Rental market swings back in tenants' favour with lower prices and move-in incentives [BNN Bloomberg (Canada)]

Cabot Corporation (CBT) 
Last cabot corporation earnings: 2/3 04:16 pm Check Earnings Report
US:NYSE Investor Relations: cabotog.com/investors
Company Research Source: BNN Bloomberg
Or perhaps a year of complementary internet, on top of two months' free rent, sweetens the deal for those interested in a rental promoted in central Vancouver. Landlords across Canada are increasingly dangling such incentives, along with other common perks like free parking, waived pet fees and moving allowances, to compete for new tenants. After a post-pandemic surge in rental costs, real estate watchers say the scales have tipped back in favour of renters amid falling prices, higher vacancy rates, and uncertainty in the housing market overall. “It's a race to the bottom,” said Marco Pedri, a Toronto-based broker with Shoreline Realty who specializes in leasing transactions. “We talk about the inventory of all these new buildings. These landlords are competing with one another, driving the prices down.” That trend seems poised to continue for much of this year, especially after 2025 marked the second consecutive year of record rental housing starts in Canada. Experts say mor Show less Read more
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