3/12/2024 | Posted in Rental Market by Russell Pearsall
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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 ... More

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  2/15/2024 | Posted in Rental Market by Russell Pearsall
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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 ... More

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  1/31/2024 | Posted in Rental Market by Russell Pearsall
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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

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  12/12/2023 | Posted in Rental Market by Russell Pearsall
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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

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  11/14/2023 | Posted in Rental Market by Russell Pearsall
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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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  11/4/2023 | Posted in Rental Market by Russell Pearsall
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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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  9/19/2023 | Posted in Canada Living by Russell Pearsall
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Canadians are paying more for housing as of August 2023 than in the past three decades, Statistics Canada data shows.

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  7/17/2023 | Posted in Rental Market by Russell Pearsall
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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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Real Estate & Mortgage News

  3/24/2020 | Posted in Rental Market by Russell Pearsall
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The COVID-19 coronavirus outbreak is highlighting the fragility of millions of Canadian households, which face a stark choice between paying their bills or putting food on the ... More

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  2/18/2020 | Posted in Rental Market by Russell Pearsall
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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 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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  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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  11/25/2019 | Posted in Canadian Housing Market by Russell Pearsall
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Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey.

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Real Estate & Mortgage News

  6/28/2019 | Posted in Rental Market by Russell Pearsall
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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 ... More

Real Estate & Mortgage News

  3/3/2019 | Posted in Canadian Housing Market by Russell Pearsall
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The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data.

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  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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  1/14/2019 | Posted in GTA Real Estate by Russell Pearsall
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Condo apartment owners in the GTA saw higher returns on their investments in 2018 with rents setting a new record.

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Real Estate & Mortgage News

  12/28/2018 | Posted in Canadian Housing Market Predictions by Russell Pearsall
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If you’re looking to rent in Toronto, 2019 is poised to be a challenging year.

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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

  11/20/2018 | Posted in Ontario Real Estate by Russell Pearsall
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Starting immediately, rent control rules will no longer apply to buildings and flats being rented for the first time, the Progressive Conservative government announced ... More

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

  4/15/2018 | Posted in Toronto Real Estate by Russell Pearsall
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Average monthly rents in Canada’s biggest city surged 10.7% year-over-year in Q1 2018 to $2,206, according to a new report from Urbanation Inc.

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Real Estate & Mortgage News

  2/10/2018 | Posted in Rental Market by Russell Pearsall
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A new city report released on Friday says purpose-built apartment rent increases in 2017 soared to a 15-year high while vacancy rates sank to their lowest level in 16 ... More

Real Estate & Mortgage News

  1/17/2018 | Posted in GTA Real Estate by Russell Pearsall
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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 ... More

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

  10/27/2017 | Posted in Toronto Real Estate by Russell Pearsall
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This week’s census data revealed Canadians’ changing living habits – and the trickle-down effect that’s affecting the rental market and its existing ... More

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