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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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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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

7/1/2023 | Posted in Ontario Real Estate by Sheru Asnani
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Province holding rent increase guideline at 2.5 per cent in 2024
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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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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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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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11/25/2019 | Posted in Toronto Real Estate by Sheru Asnani
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Plans to regulate the short-term rentals market in Toronto will go ahead following the dismissal of an appeal.
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10/21/2019 | Posted in Toronto Real Estate by Sheru Asnani
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At present, Toronto is far more hospitable to renters than buyers, with the average surveyed rent for recently leased units increasing at the slowest rate in two years.
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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

9/26/2019 | Posted in Toronto Real Estate by Sheru Asnani
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A new report from RBC Economics focuses on the rental housing deficit which is set to intensify in the coming years, especially in Toronto and Vancouver.
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9/17/2019 | Posted in Toronto Real Estate by Sheru Asnani
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Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX.
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8/17/2019 | Posted in GTA Real Estate by Sheru Asnani
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Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019.
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7/9/2019 | Posted in Toronto News by Sheru Asnani
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U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto.
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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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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

6/5/2019 | Posted in GTA Real Estate by Sheru Asnani
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TREB President Garry Bhaura announced that GTA REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.1 While this result represented a ... More

6/2/2019 | Posted in Toronto Real Estate by Sheru Asnani
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Torontonians could find themselves “doubling up” on housing with friends or relatives in the coming years as the city’s breakneck population growth outstrips ... More

2/6/2019 | Posted in Toronto News by Sheru Asnani
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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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1/24/2019 | Posted in Toronto Real Estate by Sheru Asnani
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We are almost a month into 2019, and it feels like the Toronto real estate market is getting a fresh start. As we enter a more balanced market, the discussion will slowly shift ... More

1/22/2019 | Posted in Mortgages and Real Estate by Sheru Asnani
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Those in the market for a Toronto home shouldn’t get too excited about the prospect of lower mortgage rates, says one economist.
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1/14/2019 | Posted in GTA Real Estate by Sheru Asnani
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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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12/28/2018 | Posted in Canadian Housing Market Predictions by Sheru Asnani
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If you’re looking to rent in Toronto, 2019 is poised to be a challenging year.
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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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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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11/20/2018 | Posted in Ontario Real Estate by Sheru Asnani
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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

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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9/5/2018 | Posted in GTA Real Estate by Sheru Asnani
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New condo prices are rising, a good amount of GTA residents are apparently “miserable,” and some renters are “seriously considering” moving out of the ... More

8/31/2018 | Posted in Canadian Housing Market by Sheru Asnani
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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

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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