Toronto's rental prices have been declining. Will that continue?

As of the December report from Rentals.ca, the Toronto total average rent was $2640. If the total average rent by August 1st 2025 is lower than this number, this question will resolve YES, otherwise NO.

The number will be determined by reading the July rental report from Rentals.ca that will become available at this URL: https://rentals.ca/national-rent-report

Edit: If total average rent data is not available from Rentals.ca, 1 bedroom and 2 bedroom rent can be used instead. If Rentals.ca data is not available at all I will have to consult traders to see if there is another appropriate data source that has past data available.