3/12/2024 | Posted in Rental Market by Ron Hyde
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A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5 per cent jump year-over-year and the fastest annual growth ... More

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  2/15/2024 | Posted in Rental Market by Ron Hyde
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The average asking price for rent in Canada reached $2,196 in January, a 10 per cent increase from this time last year — marking another record high amid a deepening rental ... More

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  1/31/2024 | Posted in Rental Market by Ron Hyde
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Condominium apartment leasing activity continued to be strong in the fourth quarter of 2023 according to the latest data released by TRREB. The number of lease transactions ... More

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  1/31/2024 | Posted in Rental Market by Ron Hyde
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Rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since the Canada Mortgage and Housing ... More

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  1/16/2024 | Posted in Rental Market by Ron Hyde
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A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but marked an 8.6 per ... More

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  12/12/2023 | Posted in Rental Market by Ron Hyde
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The annual asking rent for all residential property types in Canada saw an increase year-over-year in November and held close to the record high in October, according to the ... More

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  11/14/2023 | Posted in Rental Market by Ron Hyde
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The average asking rent in Canada has increased by about $175 over the past six months, and is now nearly 10% higher compared to a year ago. ... More

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  11/4/2023 | Posted in Rental Market by Ron Hyde
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Rental prices in Canada reached a new high with the average asking price of $2,149 per month, according to a new report. ... More

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  8/12/2023 | Posted in Rental Market by Ron Hyde
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Amidst continued interest rate hikes and economic challenges, the average asking price for a rental unit in Canada reached another new record of $2,078 in July, according to a ... More

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  7/17/2023 | Posted in Rental Market by Ron Hyde
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Average rent prices hit a record high in June, driven higher by strong population growth and continued demand outpacing new supply. ... More

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  6/21/2023 | Posted in Rental Market by Ron Hyde
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The number of people renting in Ontario is going up, and so are rental prices, putting more pressure on an already precarious housing system. ... More

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  3/24/2020 | Posted in Rental Market by Ron Hyde
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The COVID-19 coronavirus outbreak is highlighting the fragility of millions of Canadian households, which face a stark choice between paying their bills or putting food on the ... More

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  2/18/2020 | Posted in Rental Market by Ron Hyde
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Canadian renters are facing larger monthly payments in many markets according to a new report. ... More

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  2/13/2020 | Posted in Rental Market by Ron Hyde
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More

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  1/9/2020 | Posted in Rental Market by Ron Hyde
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Average rents in Canada are expected grow by 3% this year, while Toronto will see a stronger 7% increase in rents. ... More

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  12/1/2019 | Posted in Rental Market by Ron Hyde
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The annual increase in Canadian rents was not consistent across property types. ... More

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  10/3/2019 | Posted in Rental Market by Ron Hyde
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s MLS® ... More

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  7/5/2019 | Posted in Rental Market by Ron Hyde
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The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity. ... More

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  6/28/2019 | Posted in Rental Market by Ron Hyde
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The average monthly rental rate in Canada increased by four per cent in May following two months of declines, but demand for apartments is expected to remain strong according to a ... More

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  12/18/2018 | Posted in Rental Market by Ron Hyde
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Canadian landlords will be increasing rents in 2019 as strong demand for rental housing continues amid high home prices and tighter mortgage lending rules. ... More

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  11/28/2018 | Posted in Rental Market by Ron Hyde
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Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units. ... More

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  11/16/2018 | Posted in Rental Market by Ron Hyde
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Immensely positive prospects for employment will fuel prolonged demand for rental residences in Toronto, according to a new analysis by Marcus & Millichap. ... More

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  10/31/2018 | Posted in Rental Market by Ron Hyde
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In a keynote speech delivered at the National Mortgage Conference in Montreal this week, Benjamin Tal warned that instituting rent control could spell disaster. ... More

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  5/17/2018 | Posted in Rental Market by Ron Hyde
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The cost of renting an apartment is climbing rapidly in many of Canada's largest cities, led by Toronto and nearby places, new data shows. ... More

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  2/10/2018 | Posted in Rental Market by Ron Hyde
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A new city report released on Friday says purpose-built apartment rent increases in 2017 soared to a 15-year high while vacancy rates sank to their lowest level in 16 years, ... More

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  10/13/2017 | Posted in Rental Market by Ron Hyde
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Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ... More

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  1/17/2017 | Posted in Rental Market by Ron Hyde
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Those hoping to become first-time buyers in the Greater Toronto Area are under increasing pressure as soaring rents make saving for a downpayment tougher. ... More

Real Estate & Mortgage News

  10/17/2016 | Posted in Rental Market by Ron Hyde
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Toronto’s rental market is the hottest it has been in years, with bidding wars breaking out and rents soaring, according to a new study that predicts Ottawa’s new ... More

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  10/17/2016 | Posted in Rental Market by Ron Hyde
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Airbnb Canada's public policy manager Alexandra Dagg told Metro Morning that she'd like to see the city of Toronto create regulations that target "professional" ... More

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