10/23/2024 | Posted in Toronto News by Russell Pearsall
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Landlords who plan to evict tenants to renovate their properties may soon be required to apply for a licence and provide additional financial compensation to the tenants they ... More

Real Estate & Mortgage News

  2/13/2020 | Posted in Rental Market by Russell Pearsall
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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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Real Estate & Mortgage News

  1/9/2020 | Posted in Rental Market by Russell Pearsall
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Average rents in Canada are expected grow by 3% this year, while Toronto will see a stronger 7% increase in rents.

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Real Estate & Mortgage News

  12/1/2019 | Posted in Rental Market by Russell Pearsall
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The annual increase in Canadian rents was not consistent across property types.

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Real Estate & Mortgage News

  7/5/2019 | Posted in Rental Market by Russell Pearsall
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The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity.

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Real Estate & Mortgage News

  2/6/2019 | Posted in Toronto News by Russell Pearsall
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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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Real Estate & Mortgage News

  12/18/2018 | Posted in Rental Market by Russell Pearsall
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Canadian landlords will be increasing rents in 2019 as strong demand for rental housing continues amid high home prices and tighter mortgage lending rules.

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Real Estate & Mortgage News

  11/28/2018 | Posted in Rental Market by Russell Pearsall
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Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units.

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Real Estate & Mortgage News

  11/16/2018 | Posted in Rental Market by Russell Pearsall
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Immensely positive prospects for employment will fuel prolonged demand for rental residences in Toronto, according to a new analysis by Marcus & Millichap.

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Real Estate & Mortgage News

  10/31/2018 | Posted in Rental Market by Russell Pearsall
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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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Real Estate & Mortgage News

  8/31/2018 | Posted in Canadian Housing Market by Russell Pearsall
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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 ... More

Real Estate & Mortgage News

  5/17/2018 | Posted in Rental Market by Russell Pearsall
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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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Real Estate & Mortgage News

  1/14/2018 | Posted in GTA Real Estate by Russell Pearsall
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The construction cranes seem to be everywhere you look in downtown Toronto, but finding a condo to call home is becoming increasingly more difficult, and costly, for a legion ... More

Real Estate & Mortgage News

  10/13/2017 | Posted in Rental Market by Russell Pearsall
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Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ... More

Real Estate & Mortgage News

  9/26/2017 | Posted in Ontario Real Estate by Russell Pearsall
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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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Real Estate & Mortgage News

  9/1/2017 | Posted in Ontario Real Estate by Russell Pearsall
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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 ... More

Real Estate & Mortgage News

  8/6/2017 | Posted in Home Owners by Russell Pearsall
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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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Real Estate & Mortgage News

  1/25/2017 | Posted in Real Estate Investments by Russell Pearsall
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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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Real Estate & Mortgage News

  1/17/2017 | Posted in Rental Market by Russell Pearsall
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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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Real Estate & Mortgage News

  10/26/2016 | Posted in GTA Real Estate by Russell Pearsall
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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 ... More

Real Estate & Mortgage News

  10/17/2016 | Posted in Rental Market by Russell Pearsall
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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 ... More

Real Estate & Mortgage News

  10/17/2016 | Posted in Rental Market by Russell Pearsall
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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 ... More

Real Estate & Mortgage News

  10/15/2016 | Posted in Real Estate Market by Russell Pearsall
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For many young professionals chasing the dream of home ownership, "I'll be renting forever" is a common lament as real estate prices in ... More

Real Estate & Mortgage News

  10/8/2016 | Posted in Home Owners by Russell Pearsall
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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 ... More

Real Estate & Mortgage News

  9/27/2016 | Posted in Real Estate Market by Russell Pearsall
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More and more consumers in Vancouver and Toronto are purchasing and moving to new properties even as they continue to maintain ownership of their old homes, taking advantage of ... More

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