7/31/2024 | Posted in Rental Market by Sheru Asnani
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A new report says condo rents in Canada's mostly densely populated region have dipped for the first time in three years.

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Condo rents in Toronto region dip for first time in 3 years: Urbanation

  7/10/2024 | Posted in Rental Market by Sheru Asnani
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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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Canadian rent price growth slows to lowest level in 13 months

  6/8/2024 | Posted in Rental Market by Sheru Asnani
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Average rents across Canada are now up 32% from their pandemic lows.

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Average Canadian rent hits an all-time high of $2,202

  5/10/2024 | Posted in Rental Market by Sheru Asnani
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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 ... More

April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

  3/12/2024 | Posted in Rental Market by Sheru Asnani
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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

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

  2/15/2024 | Posted in Rental Market by Sheru Asnani
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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

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

  1/31/2024 | Posted in Rental Market by Sheru Asnani
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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

TRREB Releases 2023 Q4 Rental Market Statistics

  1/31/2024 | Posted in Rental Market by Sheru Asnani
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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

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

  1/16/2024 | Posted in Rental Market by Sheru Asnani
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A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but marked an 8.6 per ... More

Asking rents jump 8.6% in December to hit record $2,178 on average: report

  12/12/2023 | Posted in Rental Market by Sheru Asnani
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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

Renting in Canada - what's happening to rates?

  11/14/2023 | Posted in Rental Market by Sheru Asnani
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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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Rent prices are up $175 in the past six months and have pushed rent inflation to a 30-year high

  11/4/2023 | Posted in Rental Market by Sheru Asnani
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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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Average rental prices in Canada surge to records highs in October 2023: report

  8/12/2023 | Posted in Rental Market by Sheru Asnani
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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

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

  7/17/2023 | Posted in Rental Market by Sheru Asnani
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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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Canadian rent prices hit a record high in June

  6/21/2023 | Posted in Rental Market by Sheru Asnani
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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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  3/24/2020 | Posted in Rental Market by Sheru Asnani
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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

1.6 million self-employed renters are about to run out of money

  2/18/2020 | Posted in Rental Market by Sheru Asnani
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Canadian renters are facing larger monthly payments in many markets according to a new report.

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Rents eased in Toronto, Vancouver last month but others are rising

  2/13/2020 | Posted in Rental Market by Sheru Asnani
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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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Rents in major cities spike

  1/9/2020 | Posted in Rental Market by Sheru Asnani
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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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Toronto poised to lead growth in rents

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

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Townhouses lead growth in rents

  10/3/2019 | Posted in Rental Market by Sheru Asnani
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s ... More

TREB Releases Rental Market Figures as Reported by GTA Realtors

  7/5/2019 | Posted in Rental Market by Sheru Asnani
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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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Toronto condo apartment rentals up 15% in June

  6/28/2019 | Posted in Rental Market by Sheru Asnani
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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

Demand, rates rise for Canadian apartments

  12/18/2018 | Posted in Rental Market by Sheru Asnani
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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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Toronto rents up 11% in 2019

  11/28/2018 | Posted in Rental Market by Sheru Asnani
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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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Rental vacancy rate dips to 2.4% across Canada, CMHC says

  11/16/2018 | Posted in Rental Market by Sheru Asnani
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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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Long-term demand for Toronto's rental market

  10/31/2018 | Posted in Rental Market by Sheru Asnani
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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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Fair Housing Plan triggered rent inflation

  5/17/2018 | Posted in Rental Market by Sheru Asnani
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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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Rental Rates Soar By Double Digits In Half Of Canada's Largest Cities

  2/10/2018 | Posted in Rental Market by Sheru Asnani
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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

Toronto report highlights soaring apartment rents

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

Rental market set for turbulence
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