Jessi Sandhu - Your Brampton Real Estate Agent
Toronto 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


The region is seeing rapidly intensifying competition, industry board says

7/29/2022 | Posted in GTA Real Estate by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News The Greater Toronto Area’s average rent has reached a new high in Q2 amid intensified competition, according to the region’s real estate industry association. ... More


Rent prices in Toronto rose by 'fastest pace on record' in Q2: report

7/19/2022 | Posted in Rental Market by Jessi Sandhu

browse-homes-online-135.jpg - Real Estate News 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 month, a ... 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


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


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


Toronto to move forward with regulation of short-term rentals

11/25/2019 | Posted in Toronto Real Estate by Jessi Sandhu

toronto-skyline-93.jpg - Real Estate News Plans to regulate the short-term rentals market in Toronto will go ahead following the dismissal of an appeal. ... More


Toronto's rent rate growth has markedly decelerated during Q3 2019

10/21/2019 | Posted in Toronto Real Estate by Jessi Sandhu

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


TREB Releases Rental Market Figures as Reported by GTA Realtors

10/3/2019 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s MLS® ... More


Toronto needs to double rental supply to meet future demand

9/26/2019 | Posted in Toronto Real Estate by Jessi Sandhu

real-estate-agent-showing-floor-plan-to-buyers-111.jpg - Real Estate News 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


Investment in Toronto residential property remains a winning prospect

9/17/2019 | Posted in Toronto Real Estate by Jessi Sandhu

canadian-real-estate-markets-62.jpg - Real Estate News 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


GTA market fundamentals to remain robust going forward

8/17/2019 | Posted in GTA Real Estate by Jessi Sandhu

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


Toronto is still the number 1 Canadian migration city

7/9/2019 | Posted in Toronto News by Jessi Sandhu

movers-24.jpg - Real Estate News U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto. ... More


Toronto condo apartment rentals up 15% in June

7/5/2019 | Posted in Rental Market by Jessi Sandhu

condos-highrises-101.jpg - Real Estate News The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity. ... 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


GTA REALTORS® Release May 2019 Stats

6/5/2019 | Posted in GTA Real Estate by Jessi Sandhu

treb-market-watch-residential-400.jpg - Real Estate News 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


Toronto is U.S. and Canada's fastest-growing city, and that's not good

6/2/2019 | Posted in Toronto Real Estate by Jessi Sandhu

toronto-aerial-view-384.jpg - Real Estate News 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


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


5 Predictions For Toronto's Housing Market In 2019

1/24/2019 | Posted in Toronto Real Estate by Jessi Sandhu

home-buyer-search-126.jpg - Real Estate News 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


Lower mortgage rates won't do much for Toronto homebuyers

1/22/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

financial-markets-report-272.jpg - Real Estate News Those in the market for a Toronto home shouldn’t get too excited about the prospect of lower mortgage rates, says one economist. ... 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


Toronto rents up 11% in 2019

12/18/2018 | Posted in Rental Market by Jessi Sandhu

downtown-toronto-from-cn-tower-255.jpg - Real Estate News Canadian landlords will be increasing rents in 2019 as strong demand for rental housing continues amid high home prices and tighter mortgage lending rules. ... 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


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