single-family homes

Renting increased by three times the rate of home ownership in last decade: RBC

By:Building .caPosted: Dec 12th, 2022In: ConstructionNews

TORONTO – 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[...]

Average rents in Canada up 4.4% year over year

By:Building .caPosted: Feb 25th, 2022In: ConstructionNews

The 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[...]

National rental price up 3% from last year, while vacancy rates hold steady: CMHC

By:Building .caPosted: Feb 18th, 2022In: ConstructionNews

Canadian 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[...]

GTA New Condo Sales Soar to Near Record High in 2021: Urbanation

By:Building .caPosted: Feb 3rd, 2022In: ConstructionNews

Urbanation Inc., released its year-end 2021 Condominium Market Survey results, showing Greater Toronto Area (GTA) new condominium apartment sales totaling 30,844 units in 2021, increasing by 69% over 2020 (18,282 units) and narrowly missing the[...]

Toronto Area Condo Rental Market Tightens in Q4

By:Building .caPosted: Jan 31st, 2022In: ConstructionNews

According 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[...]