Rents are soaring in Canada as surge of people goes undercounted
2/16/2023 | Posted in Rental Market by Jessi Sandhu
Canada’s explosive population growth from immigration is causing rents to surge in its biggest cities.
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Canada rent prices - what's the latest?
1/19/2023 | Posted in Rental Market by Jessi Sandhu
New report highlights rent rate movements in major urban markets
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The average rent in Canada has surpassed $2,000
12/19/2022 | Posted in Rental Market by Jessi Sandhu
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
There have never been so many renters in Canada, RBC report says
12/7/2022 | Posted in Rental Market by Jessi Sandhu
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 ... More
Average rent is nearly 12% higher compared to last year
11/22/2022 | Posted in Rental Market by Jessi Sandhu
Having already surpassed pre-pandemic levels, the average rent in Canada continued to rise in October.
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10/27/2022 | Posted in Rental Market by Jessi Sandhu
The cost of renting a one-bedroom condominium in Toronto is now up more than 20 per cent year-over-year, as higher borrowing costs leave some would-be buyers on the ... More
GTA Rental Construction Stalls in Q3 While Rents Soar
10/21/2022 | Posted in Rental Market by Jessi Sandhu
The rental market became so unbalanced during the third quarter that units were on the market for a record low average of 10 days
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Rental apartment construction slumps in Toronto as building costs rise
10/19/2022 | Posted in Rental Market by Jessi Sandhu
Rental apartment construction dropped sharply in Toronto in the first half of the year, according to a new government report that suggests it has become “less and less ... More
Canadian rent prices reach a three-year high, up 17% from pandemic lows
9/20/2022 | Posted in Rental Market by Jessi Sandhu
Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic levels.
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Average rent up more than 10% in July from previous year, report says
8/13/2022 | Posted in Rental Market by Jessi Sandhu
https://rentals.ca/national-rent-report
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Rent prices in Toronto rose by 'fastest pace on record' in Q2: report
7/19/2022 | Posted in Rental Market by Jessi Sandhu
GTA rent prices rose by “the fastest pace on record” in the second quarter of this year with the average one-bedroom unit being leased out for nearly $2,200 a ... More
These are the most expensive Canadian cities to rent a home
6/22/2022 | Posted in Rental Market by Jessi Sandhu
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.
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GTA apartment, condo rental prices on the rise: Report
6/1/2022 | Posted in Rental Market by Jessi Sandhu
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.
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1.6 million self-employed renters are about to run out of money
3/24/2020 | Posted in Rental Market by Jessi Sandhu
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
Rents eased in Toronto, Vancouver last month but others are rising
2/18/2020 | Posted in Rental Market by Jessi Sandhu
Canadian renters are facing larger monthly payments in many markets according to a new report.
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2/13/2020 | Posted in Rental Market by Jessi Sandhu
The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001.
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Toronto poised to lead growth in rents
1/9/2020 | Posted in Rental Market by Jessi Sandhu
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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Townhouses lead growth in rents
12/1/2019 | Posted in Rental Market by Jessi Sandhu
The annual increase in Canadian rents was not consistent across property types.
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TREB Releases Rental Market Figures as Reported by GTA Realtors
10/3/2019 | Posted in Rental Market by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s ... More
Toronto condo apartment rentals up 15% in June
7/5/2019 | Posted in Rental Market by Jessi Sandhu
The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity.
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