7/31/2024 | Posted in Rental Market by Heather Ann Lemieux
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A new report says condo rents in Canada's mostly densely populated region have dipped for the first time in three years. ... More
6/8/2024 | Posted in Rental Market by Heather Ann Lemieux
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Average rents across Canada are now up 32% from their pandemic lows. ... More
5/10/2024 | Posted in Rental Market by Heather Ann Lemieux
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The average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time ... More
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
1/31/2024 | Posted in Rental Market by Heather Ann Lemieux
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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
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
1/16/2024 | Posted in Rental Market by Heather Ann Lemieux
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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
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
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
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
8/12/2023 | Posted in Rental Market by Heather Ann Lemieux
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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
7/1/2023 | Posted in Ontario Real Estate by Heather Ann Lemieux
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Province holding rent increase guideline at 2.5 per cent in 2024 ... More
6/21/2023 | Posted in Rental Market by Heather Ann Lemieux
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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
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
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
11/25/2019 | Posted in Toronto Real Estate by Heather Ann Lemieux
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Plans to regulate the short-term rentals market in Toronto will go ahead following the dismissal of an appeal. ... More
10/21/2019 | Posted in Toronto Real Estate by Heather Ann Lemieux
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At present, Toronto is far more hospitable to renters than buyers, with the average surveyed rent for recently leased units increasing at the slowest rate in two years. ... More
10/3/2019 | Posted in Rental Market by Heather Ann Lemieux
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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
9/26/2019 | Posted in Toronto Real Estate by Heather Ann Lemieux
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A new report from RBC Economics focuses on the rental housing deficit which is set to intensify in the coming years, especially in Toronto and Vancouver. ... More
9/17/2019 | Posted in Toronto Real Estate by Heather Ann Lemieux
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Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX. ... More
8/17/2019 | Posted in GTA Real Estate by Heather Ann Lemieux
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Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019. ... More
7/9/2019 | Posted in Toronto News by Heather Ann Lemieux
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U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto. ... More
7/5/2019 | Posted in Rental Market by Heather Ann Lemieux
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The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity. ... More
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
6/5/2019 | Posted in GTA Real Estate by Heather Ann Lemieux
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TREB President Garry Bhaura announced that GTA REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.1 While this result represented a ... More
6/2/2019 | Posted in Toronto Real Estate by Heather Ann Lemieux
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Torontonians could find themselves “doubling up” on housing with friends or relatives in the coming years as the city’s breakneck population growth outstrips the ... More
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
1/24/2019 | Posted in Toronto Real Estate by Heather Ann Lemieux
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We are almost a month into 2019, and it feels like the Toronto real estate market is getting a fresh start. As we enter a more balanced market, the discussion will slowly shift ... More
1/22/2019 | Posted in Mortgages and Real Estate by Heather Ann Lemieux
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Those in the market for a Toronto home shouldn’t get too excited about the prospect of lower mortgage rates, says one economist. ... More
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
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