3/12/2024 | Posted in Rental Market by Heather Ann Lemieux
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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 Heather Ann Lemieux
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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 Heather Ann Lemieux
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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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  12/12/2023 | Posted in Rental Market by Heather Ann Lemieux
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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 Heather Ann Lemieux
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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 Heather Ann Lemieux
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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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  9/19/2023 | Posted in Canada Living by Heather Ann Lemieux
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Canadians are paying more for housing as of August 2023 than in the past three decades, Statistics Canada data shows. ... More

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  7/17/2023 | Posted in Rental Market by Heather Ann Lemieux
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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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  3/24/2020 | Posted in Rental Market by Heather Ann Lemieux
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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 Heather Ann Lemieux
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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 Heather Ann Lemieux
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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 Heather Ann Lemieux
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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 Heather Ann Lemieux
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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 Heather Ann Lemieux
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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 Heather Ann Lemieux
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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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  3/3/2019 | Posted in Canadian Housing Market by Heather Ann Lemieux
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The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data. ... More

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  2/6/2019 | Posted in Toronto News by Heather Ann Lemieux
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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

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  1/14/2019 | Posted in GTA Real Estate by Heather Ann Lemieux
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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 Heather Ann Lemieux
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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 Heather Ann Lemieux
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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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  11/20/2018 | Posted in Ontario Real Estate by Heather Ann Lemieux
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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 Heather Ann Lemieux
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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 Heather Ann Lemieux
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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

Real Estate & Mortgage News

  8/31/2018 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Toronto is still the nation's priciest rental market, while rental rates are soaring in half of Canada's largest cities. The year-over-year numbers paint an even bleaker ... More

Real Estate & Mortgage News

  5/17/2018 | Posted in Rental Market by Heather Ann Lemieux
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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

Real Estate & Mortgage News

  4/15/2018 | Posted in Toronto Real Estate by Heather Ann Lemieux
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Average monthly rents in Canada’s biggest city surged 10.7% year-over-year in Q1 2018 to $2,206, according to a new report from Urbanation Inc. ... More

Real Estate & Mortgage News

  2/10/2018 | Posted in Rental Market by Heather Ann Lemieux
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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

Real Estate & Mortgage News

  1/17/2018 | Posted in GTA Real Estate by Heather Ann Lemieux
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Suburban allure has largely become a thing of the past, but in the Greater Toronto Area - where the cost of housing grows astronomically by the month - the outskirts are becoming ... More

Real Estate & Mortgage News

  1/14/2018 | Posted in GTA Real Estate by Heather Ann Lemieux
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The construction cranes seem to be everywhere you look in downtown Toronto, but finding a condo to call home is becoming increasingly more difficult, and costly, for a legion of ... More

Real Estate & Mortgage News

  10/27/2017 | Posted in Toronto Real Estate by Heather Ann Lemieux
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This week’s census data revealed Canadians’ changing living habits – and the trickle-down effect that’s affecting the rental market and its existing stock ... More

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