Jessi Sandhu - Your Brampton Real Estate Agent
Rental Market News and Articles | My Blog

Renting is growing twice as fast as home ownership, census reveals

9/22/2022 | Posted in Canadian Housing Market by Jessi Sandhu

own-or-rent-sign-120.jpg - Real Estate News 10 million households own their home, while 5 million rent. But the gap is narrowing. ... More


Canadian rent prices reach a three-year high, up 17% from pandemic lows

9/20/2022 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic levels. ... More


Ontario increases amount landlords can raise rent by highest level in a decade

6/30/2022 | Posted in Ontario News by Jessi Sandhu

condo-market-46.jpg - Real Estate News 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


These are the most expensive Canadian cities to rent a home

6/22/2022 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News 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


GTA apartment, condo rental prices on the rise: Report

6/1/2022 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News 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


1.6 million self-employed renters are about to run out of money

3/24/2020 | Posted in Rental Market by Jessi Sandhu

debt-stress-frustration-98.jpg - Real Estate News 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

house-for-rent-87.jpg - Real Estate News Canadian renters are facing larger monthly payments in many markets according to a new report. ... More


Rents in major cities spike

2/13/2020 | Posted in Rental Market by Jessi Sandhu

own-or-rent-sign-120.jpg - Real Estate News The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More


Toronto poised to lead growth in rents

1/9/2020 | Posted in Rental Market by Jessi Sandhu

couple-laptop-106.jpg - Real Estate News Average rents in Canada are expected grow by 3% this year, while Toronto will see a stronger 7% increase in rents. ... More


Townhouses lead growth in rents

12/1/2019 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News The annual increase in Canadian rents was not consistent across property types. ... More


Canada is a nation of movers

11/25/2019 | Posted in Canadian Housing Market by Jessi Sandhu

young-family-moving-in-a-new-home-451.jpg - Real Estate News Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey. ... More


Demand, rates rise for Canadian apartments

6/28/2019 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News 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


Canadian Rental Rates Rise At Fastest Pace In 30 Years

3/3/2019 | Posted in Canadian Housing Market by Jessi Sandhu

own-or-rent-sign-120.jpg - Real Estate News The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data. ... More


Toronto tech sector slated for more growth

2/6/2019 | Posted in Toronto News by Jessi Sandhu

middle-age-couple-visiting-house-263.jpg - Real Estate News The Greater Toronto Area’s tech sector, the fastest growing in North America, expected to attract young professionals in greater numbers this year. ... More


GTA condos saw record-breaking rent rises in 2018

1/14/2019 | Posted in GTA Real Estate by Jessi Sandhu

new-home-plans-246.jpg - Real Estate News Condo apartment owners in the GTA saw higher returns on their investments in 2018 with rents setting a new record. ... More


Why 2019 could be one of Toronto renters' toughest years yet

12/28/2018 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

market-reports-on-business-271.jpg - Real Estate News If you’re looking to rent in Toronto, 2019 is poised to be a challenging year. ... More


Rental vacancy rate dips to 2.4% across Canada, CMHC says

11/28/2018 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units. ... More


Ontario scraps rent control for new units

11/20/2018 | Posted in Ontario Real Estate by Jessi Sandhu

new-condos--new-highrise-condos-136.jpg - Real Estate News 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


Long-term demand for Toronto's rental market

11/16/2018 | Posted in Rental Market by Jessi Sandhu

couple-with-real-estate-agent-316.jpg - Real Estate News Immensely positive prospects for employment will fuel prolonged demand for rental residences in Toronto, according to a new analysis by Marcus & Millichap. ... More


Fair Housing Plan triggered rent inflation

10/31/2018 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News 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


Canadian Rental Rates Soar In Half Of Largest Cities

8/31/2018 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News 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


Rental Rates Soar By Double Digits In Half Of Canada's Largest Cities

5/17/2018 | Posted in Rental Market by Jessi Sandhu

own-or-rent-sign-120.jpg - Real Estate News 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


Toronto's monthly rents saw a sharp upward spike in Q1

4/15/2018 | Posted in Toronto Real Estate by Jessi Sandhu

condo-market-46.jpg - Real Estate News 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


Toronto report highlights soaring apartment rents

2/10/2018 | Posted in Rental Market by Jessi Sandhu

condo-market-46.jpg - Real Estate News 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


Suburbs becoming attractive again for renters

1/17/2018 | Posted in GTA Real Estate by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News 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


GTA condo rental prices soar as demand outweighs supply

1/14/2018 | Posted in GTA Real Estate by Jessi Sandhu

condo-market-46.jpg - Real Estate News 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


Census data sheds light on rental supply

10/27/2017 | Posted in Toronto Real Estate by Jessi Sandhu

own-or-rent-sign-120.jpg - Real Estate News 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


Rental market set for turbulence

10/13/2017 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ... More


Ontario needs more than 6,000 new rental units a year says report

9/26/2017 | Posted in Ontario Real Estate by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade. ... More


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