Renting increased by three times the rate of home ownership in last decade: RBC
Posted: Dec 12th, 2022In: ConstructionNewsTORONTO – Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the past[...]
Read More about Renting increased by three times the rate of home ownership in last decade: RBCAverage rents in Canada up 4.4% year over year
Posted: Feb 25th, 2022In: ConstructionNewsThe average rent for all Canadian properties listed on Rentals.ca in January was $1,807 per month, up 4.4 per cent annually and 1 per cent monthly, according to the Rentals.ca and Bullpen Research & Consulting[...]
Read More about Average rents in Canada up 4.4% year over yearNational rental price up 3% from last year, while vacancy rates hold steady: CMHC
Posted: Feb 18th, 2022In: ConstructionNewsCanadian tenants faced another year of affordability challenges as rents crept up nationally and were particularly high in Vancouver and Toronto. The findings from Canada Mortgage and Housing Corp.’s annual rental market report released Friday show the[...]
Read More about National rental price up 3% from last year, while vacancy rates hold steady: CMHCToronto Area Condo Rental Market Tightens in Q4
Posted: Jan 31st, 2022In: ConstructionNewsAccording to the Toronto Regional Real Estate Board (TRREB), condominium apartment rental transactions dipped in Q4 2021 compared to the same period in the previous year. This drop was due to an even greater year-over-year[...]
Read More about Toronto Area Condo Rental Market Tightens in Q4