Jessi Sandhu - Your Brampton Real Estate Agent
Rental Market News and Articles | My Blog
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April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

5/10/2024 | Posted in Rental Market by Jessi Sandhu

The average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first ... More


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Average asking rent prices reach $2,193 in February, up 10.5% from 2023

3/12/2024 | Posted in Rental Market by Jessi Sandhu

A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5 per cent jump year-over-year and the fastest annual ... More


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Rent hits another record high in January as average asking price reaches $2,196

2/15/2024 | Posted in Rental Market by Jessi Sandhu

The average asking price for rent in Canada reached $2,196 in January, a 10 per cent increase from this time last year — marking another record high amid a deepening ... More


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TRREB Releases 2023 Q4 Rental Market Statistics

1/31/2024 | Posted in Rental Market by Jessi Sandhu

Condominium apartment leasing activity continued to be strong in the fourth quarter of 2023 according to the latest data released by TRREB. The number of lease transactions ... More


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Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

1/31/2024 | Posted in Rental Market by Jessi Sandhu

Rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since the Canada Mortgage and Housing ... More


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Asking rents jump 8.6% in December to hit record $2,178 on average: report

1/16/2024 | Posted in Rental Market by Jessi Sandhu

A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but marked an 8.6 per ... More


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Renting in Canada - what's happening to rates?

12/12/2023 | Posted in Rental Market by Jessi Sandhu

The annual asking rent for all residential property types in Canada saw an increase year-over-year in November and held close to the record high in October, according to the ... More


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Rent prices are up $175 in the past six months and have pushed rent inflation to a 30-year high

11/14/2023 | Posted in Rental Market by Jessi Sandhu

The average asking rent in Canada has increased by about $175 over the past six months, and is now nearly 10% higher compared to a year ago.

... More


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Average rental prices in Canada surge to records highs in October 2023: report

11/4/2023 | Posted in Rental Market by Jessi Sandhu

Rental prices in Canada reached a new high with the average asking price of $2,149 per month, according to a new report.

... More


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July sees unprecedented spike in average Canadian rental unit asking prices: report

8/12/2023 | Posted in Rental Market by Jessi Sandhu

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


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Canadian rent prices hit a record high in June

7/17/2023 | Posted in Rental Market by Jessi Sandhu

Average rent prices hit a record high in June, driven higher by strong population growth and continued demand outpacing new supply.

... More


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"There's a real crushing effect": Number of renters in Ontario rising alongside costs, housing index says

6/21/2023 | Posted in Rental Market by Jessi Sandhu

The number of people renting in Ontario is going up, and so are rental prices, putting more pressure on an already precarious housing system.

... More


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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


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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.

... More


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Rents in major cities spike

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.

... More


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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.

... More


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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.

... More


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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


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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.

... More


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Demand, rates rise for Canadian apartments

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

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


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