Rent increases in smaller markets outweigh declines in big cities in August: report

A new report says August rental rates fell in some of Canada's largest and priciest markets to continue a months-long trend, while prices rose in smaller markets.The information you need to know, sent directly to you: Download the CTV News AppThe report from Rentals.ca and Urbanation finds the average Vancouver rental rate was down six per cent from last year to $3,116 for the ninth straight month of declines, while Toronto rents fell seven per cent to $2,697 for the seventh month of retreat.&nb