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. ...
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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. ...
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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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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 MLS® ...
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GTA market fundamentals to remain robust going forward
8/17/2019 | Posted in GTA Real Estate by Jessi Sandhu
Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019. ...
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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 to a ...
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Toronto tech sector slated for more growth
2/6/2019 | Posted in Toronto News by Jessi Sandhu
The Greater Toronto Area’s tech sector, the fastest growing in North America, expected to attract young professionals in greater numbers this year. ...
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Rental vacancy rate dips to 2.4% across Canada, CMHC says
11/28/2018 | Posted in Rental Market by Jessi Sandhu
Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units. ...
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Rental Rates Soar By Double Digits In Half Of Canada's Largest Cities
5/17/2018 | Posted in Rental Market by Jessi Sandhu
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. ...
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Suburbs becoming attractive again for renters
1/17/2018 | Posted in GTA Real Estate by Jessi Sandhu
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 ...
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Rental market set for turbulence
10/13/2017 | Posted in Rental Market by Jessi Sandhu
Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ...
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New eviction rules in effect to protect Ontario tenants
9/1/2017 | Posted in Ontario Real Estate by Jessi Sandhu
Ontario tenants will have additional protection from eviction starting Friday, September 1, 2017; when a landlord ends a tenancy to have family members move in, people evicted ...
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If you haven't disclosed your home's rental suite, you may be breaking the law
8/6/2017 | Posted in Home Owners by Jessi Sandhu
A rental suite is a great way to help homeowners meet their mortgage payments at a time when home prices are creeping ever upward in some parts of Canada. ...
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Short-term rentals recoup home price faster than long-term tenants
1/25/2017 | Posted in Real Estate Investments by Jessi Sandhu
Homeowners could recoup the purchase price of their homes faster through short-term rentals such as Airbnb compared to a long-term rental strategy. ...
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Pressure on GTA renters intensifies
1/17/2017 | Posted in Rental Market by Jessi Sandhu
Those hoping to become first-time buyers in the Greater Toronto Area are under increasing pressure as soaring rents make saving for a downpayment tougher. ...
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Ottawa's new mortgage rules will drive up rents in Toronto: study
10/17/2016 | Posted in Rental Market by Jessi Sandhu
Toronto’s rental market is the hottest it has been in years, with bidding wars breaking out and rents soaring, according to a new study that predicts Ottawa’s new ...
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Airbnb says Toronto should regulate 'professional' renters
10/17/2016 | Posted in Rental Market by Jessi Sandhu
Airbnb Canada's public policy manager Alexandra Dagg told Metro Morning that she'd like to see the city of Toronto create regulations that target "professional" ...
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Young professionals struggle to rent in 'crazy' real estate markets
10/15/2016 | Posted in Real Estate Market by Jessi Sandhu
For many young professionals chasing the dream of home ownership, "I'll be renting forever" is a common lament as real estate prices in ...
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How principal-residence tax changes will affect every Canadian homeowner
10/8/2016 | Posted in Home Owners by Jessi Sandhu
Earlier this week, Finance Minister Bill Morneau introduced tax changes that were aimed primarily at foreign investors in Canadian real estate to ensure they abide by our existing ...
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Debunking myths about the Canadian real estate market
9/28/2016 | Posted in Real Estate Market by Jessi Sandhu
The real estate world is a scary place for first-time homebuyers. Rent or buy? City or suburbs? Can we even afford anything in this market? ...
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Paint Colors That Make a Room Look Bigger
9/13/2016 | Posted in Home Owners by Jessi Sandhu
A room’s size is sometimes a matter of perception, and the paint color on the walls has a lot to with that perception. Some colors can actually make a room appear smaller, ...
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Demand for rental to keep growing in the foreseeable future
9/2/2016 | Posted in Real Estate Market by Jessi Sandhu
Renting as the primary mode of residence among Canada’s young adults is projected to become more and more common in the coming years, with purpose-build rental stock ...
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