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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Fair Housing Plan triggered rent inflation
10/31/2018 | Posted in Rental Market by Jessi Sandhu
In a keynote speech delivered at the National Mortgage Conference in Montreal this week, Benjamin Tal warned that instituting rent control could spell disaster. ...
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Canadian Rental Rates Soar In Half Of Largest Cities
8/31/2018 | Posted in Canadian Housing Market by Jessi Sandhu
Toronto is still the nation's priciest rental market, while rental rates are soaring in half of Canada's largest cities. The year-over-year numbers paint an even bleaker ...
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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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Ontario needs more than 6,000 new rental units a year says report
9/26/2017 | Posted in Ontario Real Estate by Jessi Sandhu
The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade. ...
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Province to unlock additional land for housing
9/13/2017 | Posted in Toronto News by Jessi Sandhu
The Ontario government has addressed the province’s housing supply issue by vowing to unlock provincial land for the use of housing. ...
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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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Commercial rents in Toronto could soar as much as 50% in the next three years as market tightens
5/18/2017 | Posted in Toronto Real Estate by Jessi Sandhu
A new report suggests commercial tenants in Toronto will be facing massive rent increases over the next three years, amid rising property values. ...
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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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10/26/2016 | Posted in GTA Real Estate by Jessi Sandhu
There was a 17.3 per cent drop in condo apartments available to rent in the Greater Toronto Area in third quarter of 2016 compared to a year earlier, Toronto Real Estate Board ...
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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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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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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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GTA rental supply tightens as sellers hold back
7/18/2016 | Posted in GTA Real Estate by Jessi Sandhu
There was a 10 per cent year-over-year drop in the number of rental units rented through the MLS system in the Greater Toronto Area in the second quarter of 2016 as supply ...
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Ontario mulls changes to rental rules, prompting concern from tenants groups
5/3/2016 | Posted in Home Owners by Jessi Sandhu
The Liberal government said its plans to make it easier for landlords to evict problem tenants will lead to more affordable housing, but tenants' rights groups blasted the new ...
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