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

Exodus from downtown condo rentals may have stopped

4/21/2021 | Posted in Rental Market by Jessi Sandhu

toronto-aerial-view-384.jpg - Real Estate News The vacancy rate in newer apartment buildings is now six times higher than it was immediately prior to the COVID-19 pandemic but there are increasing signs that the exodus from ... More


Toronto rents - what really happened when COVID-19 hit?

3/23/2021 | Posted in Toronto Real Estate by Jessi Sandhu

real-estate-agent-showing-floor-plan-to-buyers-111.jpg - Real Estate News After years of an impossibly tight Toronto vacancy rate, there were reports that the downtown had emptied out due to COVID pandemic, leaving unoccupied units and landlords ... More


Rent prices for one-bedroom apartments in Toronto just reached a new four-year low

3/17/2021 | Posted in Rental Market by Jessi Sandhu

downtown-toronto-from-cn-tower-255.jpg - Real Estate News The COVID-19 pandemic has had a major impact on Toronto's rental market since it first arrived last March — resulting in rent prices not seen in several years — ... More


Rent prices in Toronto and the rest of the GTA have fallen for 14 months straight

3/8/2021 | Posted in GTA Real Estate by Jessi Sandhu

marketing-analysys-104.jpg - Real Estate News Though experts have forecasted a rise in Toronto rent prices this year after the rental market took a huge hit from the pandemic, the trend is still going downwards, with rents in ... More


Toronto real estate trends point to pandemic's unequal impact: CMHC

2/28/2021 | Posted in Toronto Real Estate by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News Demand for expensive homes in Toronto real estate is the result of the pandemic's economic impact ... More


These 7 GTA cities have some of the most expensive rent prices in Canada

2/19/2021 | Posted in Rental Market by Jessi Sandhu

mississauga-ontario-82.jpg - Real Estate News Fleeing Toronto’s downtown core for one of the nearby GTA cities won’t get you significantly cheaper rent. ... More


GTA condo rentals surged 86% in Q4: TRREB

2/2/2021 | Posted in Rental Market by Jessi Sandhu

toronto-downtown-view-450.jpg - Real Estate News Condominium rentals in the Greater Toronto Area surged by 86.3% last quarter over Q4-2019, owing to a deluge of condominiums dumped into the long-term rental pool, says the ... More


Toronto accounts for one-third of Canada's $150 million in rental property arrears

1/29/2021 | Posted in Rental Market by Jessi Sandhu

condo-market-46.jpg - Real Estate News Nearly 11 per cent of Toronto-area rental households — 34,857 — were in arrears last fall, the highest rate among 17 Canadian urban areas surveyed in October by Canada ... More


Toronto apartment rents tumble as vacancy rates hit 50-year high

1/18/2021 | Posted in Rental Market by Jessi Sandhu

toronto-downtown-view-450.jpg - Real Estate News Toronto apartment hunters have a lot more options these days, as a flight into the suburbs led to an all-time high vacancy rate. ... More


Toronto condo inventory growth surpasses all other Canadian markets

11/3/2020 | Posted in Condo Market by Jessi Sandhu

condos-cn-tower-20.jpg - Real Estate News Toronto has far outstripped all other major Canadian markets in terms of condo supply growth, according to RBC Economics. ... More


Ford government says it will bring forward legislation to freeze rent in 2021

8/31/2020 | Posted in Ontario Real Estate by Jessi Sandhu

ontario-government-146.jpg - Real Estate News The Ford government says that it will bring forward rent control legislation so that the “vast majority” of tenants do not face increases in 2021. ... More


Toronto to begin enforcing short-term rental bylaw more than two years after it was first passed

8/25/2020 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News Torontonians who choose to rent out their homes on platforms like Airbnb will soon have to register with the city, bringing an end to more than two years of legal wrangling. ... More


Toronto homebuyers won't leave city for suburbs as pandemic drags on

7/28/2020 | Posted in Toronto Real Estate by Jessi Sandhu

toronto-panorama-446.jpg - Real Estate News Throughout the COVID-19 pandemic, homeowners have had a lot of time to reassess what they need in a home. For some, this has meant considering a new property outside of the city, ... More


TRREB Releases May Resale Housing Market Report

6/3/2020 | Posted in GTA Real Estate by Jessi Sandhu

treb-news-8.jpg - Real Estate News GTA REALTORS® reported 4,606 sales through TRREB’s MLS® System in May 2020. This result was down by 53.7 per cent compared to May 2019. While the number of sales was ... 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


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