3/12/2024 | Posted in Rental Market by Paul Solomons
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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

Real Estate & Mortgage News

  1/31/2024 | Posted in Rental Market by Paul Solomons
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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

Real Estate & Mortgage News

  1/31/2024 | Posted in Rental Market by Paul Solomons
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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

Real Estate & Mortgage News

  1/16/2024 | Posted in Rental Market by Paul Solomons
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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

Real Estate & Mortgage News

  12/12/2023 | Posted in Rental Market by Paul Solomons
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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

Real Estate & Mortgage News

  11/14/2023 | Posted in Rental Market by Paul Solomons
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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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Real Estate & Mortgage News

  11/4/2023 | Posted in Rental Market by Paul Solomons
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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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Real Estate & Mortgage News

  8/12/2023 | Posted in Rental Market by Paul Solomons
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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

Real Estate & Mortgage News

  7/1/2023 | Posted in Ontario Real Estate by Paul Solomons
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Province holding rent increase guideline at 2.5 per cent in 2024

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Real Estate & Mortgage News

  6/21/2023 | Posted in Rental Market by Paul Solomons
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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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Real Estate & Mortgage News

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

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Real Estate & Mortgage News

  1/9/2020 | Posted in Rental Market by Paul Solomons
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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

  11/25/2019 | Posted in Toronto Real Estate by Paul Solomons
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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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Real Estate & Mortgage News

  10/21/2019 | Posted in Toronto Real Estate by Paul Solomons
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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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Real Estate & Mortgage News

  10/3/2019 | Posted in Rental Market by Paul Solomons
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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

Real Estate & Mortgage News

  9/26/2019 | Posted in Toronto Real Estate by Paul Solomons
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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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Real Estate & Mortgage News

  9/17/2019 | Posted in Toronto Real Estate by Paul Solomons
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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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Real Estate & Mortgage News

  8/17/2019 | Posted in GTA Real Estate by Paul Solomons
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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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Real Estate & Mortgage News

  7/9/2019 | Posted in Toronto News by Paul Solomons
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U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto.

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Real Estate & Mortgage News

  7/5/2019 | Posted in Rental Market by Paul Solomons
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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

  6/28/2019 | Posted in Rental Market by Paul Solomons
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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

  6/5/2019 | Posted in GTA Real Estate by Paul Solomons
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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

Real Estate & Mortgage News

  6/2/2019 | Posted in Toronto Real Estate by Paul Solomons
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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

Real Estate & Mortgage News

  2/6/2019 | Posted in Toronto News by Paul Solomons
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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

  1/24/2019 | Posted in Toronto Real Estate by Paul Solomons
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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

Real Estate & Mortgage News

  1/22/2019 | Posted in Mortgages and Real Estate by Paul Solomons
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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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Real Estate & Mortgage News

  1/14/2019 | Posted in GTA Real Estate by Paul Solomons
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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 Paul Solomons
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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

  12/18/2018 | Posted in Rental Market by Paul Solomons
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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 Paul Solomons
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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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