8/12/2023 | Posted in Rental Market by Joan Beal
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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

Real Estate & Mortgage News

  7/1/2023 | Posted in Ontario Real Estate by Joan Beal
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Province holding rent increase guideline at 2.5 per cent in 2024

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Real Estate & Mortgage News

  6/21/2023 | Posted in Rental Market by Joan Beal
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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.

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Real Estate & Mortgage News

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

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Real Estate & Mortgage News

  1/9/2020 | Posted in Rental Market by Joan Beal
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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.

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Real Estate & Mortgage News

  11/25/2019 | Posted in Toronto Real Estate by Joan Beal
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Plans to regulate the short-term rentals market in Toronto will go ahead following the dismissal of an appeal.

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Real Estate & Mortgage News

  10/21/2019 | Posted in Toronto Real Estate by Joan Beal
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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.

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Real Estate & Mortgage News

  10/3/2019 | Posted in Rental Market by Joan Beal
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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 ... More

Real Estate & Mortgage News

  9/26/2019 | Posted in Toronto Real Estate by Joan Beal
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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.

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Real Estate & Mortgage News

  9/17/2019 | Posted in Toronto Real Estate by Joan Beal
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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.

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Real Estate & Mortgage News

  8/17/2019 | Posted in GTA Real Estate by Joan Beal
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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.

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Real Estate & Mortgage News

  7/9/2019 | Posted in Toronto News by Joan Beal
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U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto.

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Real Estate & Mortgage News

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

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Real Estate & Mortgage News

  6/28/2019 | Posted in Rental Market by Joan Beal
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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 ... More

Real Estate & Mortgage News

  6/5/2019 | Posted in GTA Real Estate by Joan Beal
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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

Real Estate & Mortgage News

  6/2/2019 | Posted in Toronto Real Estate by Joan Beal
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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 ... More

Real Estate & Mortgage News

  2/6/2019 | Posted in Toronto News by Joan Beal
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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.

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Real Estate & Mortgage News

  1/24/2019 | Posted in Toronto Real Estate by Joan Beal
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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

Real Estate & Mortgage News

  1/22/2019 | Posted in Mortgages and Real Estate by Joan Beal
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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.

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Real Estate & Mortgage News

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

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Real Estate & Mortgage News

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

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Real Estate & Mortgage News

  12/18/2018 | Posted in Rental Market by Joan Beal
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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.

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Real Estate & Mortgage News

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

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Real Estate & Mortgage News

  11/20/2018 | Posted in Ontario Real Estate by Joan Beal
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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 ... More

Real Estate & Mortgage News

  11/16/2018 | Posted in Rental Market by Joan Beal
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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.

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Real Estate & Mortgage News

  9/5/2018 | Posted in GTA Real Estate by Joan Beal
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New condo prices are rising, a good amount of GTA residents are apparently “miserable,” and some renters are “seriously considering” moving out of the ... More

Real Estate & Mortgage News

  8/31/2018 | Posted in Canadian Housing Market by Joan Beal
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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 ... More

Real Estate & Mortgage News

  5/17/2018 | Posted in Rental Market by Joan Beal
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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.

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Real Estate & Mortgage News

  4/15/2018 | Posted in Toronto Real Estate by Joan Beal
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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.

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Real Estate & Mortgage News

  2/10/2018 | Posted in Rental Market by Joan Beal
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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 ... More

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