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

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

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


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

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

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


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

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

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


TRREB Releases 2023 Q4 Rental Market Statistics

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

treb-news-8.jpg - Real Estate News 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


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

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

home-buyers--home-search-499.jpg - Real Estate News 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


Renting in Canada - what's happening to rates?

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

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


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

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


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

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

house-for-rent-87.jpg - Real Estate News Rental prices in Canada reached a new high with the average asking price of $2,149 per month, according to a new report. ... More


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

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

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


Ontario Capping Rent Increases Below the Rate of Inflation

7/1/2023 | Posted in Ontario Real Estate by Jessi Sandhu

ontario-government-146.jpg - Real Estate News Province holding rent increase guideline at 2.5 per cent in 2024 ... More


"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

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