3/22/2023 | Posted in Rental Market by Ron Hyde
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Canada's rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock, Royal Bank of Canada said in a report Wednesday. ... More

Real Estate & Mortgage News

  2/16/2023 | Posted in Rental Market by Ron Hyde
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Canada’s explosive population growth from immigration is causing rents to surge in its biggest cities. ... More

Real Estate & Mortgage News

  2/10/2023 | Posted in GTA Rental Market by Ron Hyde
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The deficit of rental housing in the Greater Toronto Area is poised to double to 177,000 units over the next decade amid “record high immigration” and declining home ... More

Real Estate & Mortgage News

  1/19/2023 | Posted in Rental Market by Ron Hyde
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New report highlights rent rate movements in major urban markets ... More

Real Estate & Mortgage News

  12/19/2022 | Posted in Rental Market by Ron Hyde
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The cost of rent in Canada has been on an uptrend since the pandemic, and in November reached an average of $2,024. That’s a 12% jump since last year and up 2.5% since ... More

Real Estate & Mortgage News

  12/7/2022 | Posted in Rental Market by Ron Hyde
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Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the ... More

Real Estate & Mortgage News

  11/22/2022 | Posted in Rental Market by Ron Hyde
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Having already surpassed pre-pandemic levels, the average rent in Canada continued to rise in October. ... More

Real Estate & Mortgage News

  10/21/2022 | Posted in Rental Market by Ron Hyde
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The rental market became so unbalanced during the third quarter that units were on the market for a record low average of 10 days ... More

Real Estate & Mortgage News

  10/14/2022 | Posted in Canada Living by Ron Hyde
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Many economists say a mild recession is on the cards as they look ahead to 2023. ... More

Real Estate & Mortgage News

  9/22/2022 | Posted in Canadian Housing Market by Ron Hyde
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10 million households own their home, while 5 million rent. But the gap is narrowing. ... More

Real Estate & Mortgage News

  9/20/2022 | Posted in Rental Market by Ron Hyde
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Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic levels. ... More

Real Estate & Mortgage News

  6/30/2022 | Posted in Ontario News by Ron Hyde
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Ontario is more than doubling the maximum rate a landlord can raise a tenant's rent next year – marking the highest rent increase guideline in the province in a decade. ... More

Real Estate & Mortgage News

  6/22/2022 | Posted in Rental Market by Ron Hyde
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The Canadian housing market continues to witness a dramatic climb in rental prices according to a report from rental listing platform Zumper published last Wednesday. ... More

Real Estate & Mortgage News

  6/1/2022 | Posted in Rental Market by Ron Hyde
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A new report says the average monthly GTA rent increased 12% for all property types this April to $2,204 from $1,974 in April 2021. ... More

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  11/25/2019 | Posted in Canadian Housing Market by Ron Hyde
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Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey. ... More

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  3/3/2019 | Posted in Canadian Housing Market by Ron Hyde
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The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data. ... More

Real Estate & Mortgage News

  2/6/2019 | Posted in Toronto News by Ron Hyde
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The Greater Toronto Area’s tech sector, the fastest growing in North America, expected to attract young professionals in greater numbers this year. ... More

Real Estate & Mortgage News

  1/14/2019 | Posted in GTA Real Estate by Ron Hyde
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Condo apartment owners in the GTA saw higher returns on their investments in 2018 with rents setting a new record. ... More

Real Estate & Mortgage News

  12/28/2018 | Posted in Canadian Housing Market Predictions by Ron Hyde
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If you’re looking to rent in Toronto, 2019 is poised to be a challenging year. ... More

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  11/20/2018 | Posted in Ontario Real Estate by Ron Hyde
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Starting immediately, rent control rules will no longer apply to buildings and flats being rented for the first time, the Progressive Conservative government announced Thursday. ... More

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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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