Canadian rent price growth slows to lowest level in 13 months
7/10/2024 | Posted in Rental Market by Jessi Sandhu
In June, the average rent price in Canada rose 7% year-over-year, marking the slowest growth rate in 13 months. ...
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Ontario government sets 2025 rental cap for most units
6/28/2024 | Posted in Government and Regulation by Jessi Sandhu
Ontario is holding the annual rent increase guideline for 2025 at 2.5 per cent. This is currently the lowest rate in the country and below the average inflation rate of 3.1 per ...
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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 time ...
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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 growth ...
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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 rental ...
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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 ...
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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 ...
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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 ...
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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. ...
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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. ...
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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 ...
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Ontario Capping Rent Increases Below the Rate of Inflation
7/1/2023 | Posted in Ontario Real Estate by Jessi Sandhu
Province holding rent increase guideline at 2.5 per cent in 2024 ...
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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. ...
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