For All Your Real Estate Needs in Halifax & Surrounding Area
Paul DeAdder | Real Estate Sales Representative Serving 
Halifax & Surrounding Area | RE/MAX Nova

rental market News and Articles | My Blog

own-or-rent-sign-120.jpg - Real Estate News

There have never been so many renters in Canada, RBC report says

12/7/2022 | Posted in Rental Market by Paul DeAdder

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 ... More


market-growth-103.jpg - Real Estate News

Average rent is nearly 12% higher compared to last year

11/22/2022 | Posted in Rental Market by Paul DeAdder

Having already surpassed pre-pandemic levels, the average rent in Canada continued to rise in October.

... More


condo-market-46.jpg - Real Estate News

Condo rents continue to surge in the GTA as increased borrowing costs leave some would-be buyers on the sidelines: TRREB

10/27/2022 | Posted in Rental Market by Paul DeAdder

The cost of renting a one-bedroom condominium in Toronto is now up more than 20 per cent year-over-year, as higher borrowing costs leave some would-be buyers on the ... More


toronto-panorama-446.jpg - Real Estate News

GTA Rental Construction Stalls in Q3 While Rents Soar

10/21/2022 | Posted in Rental Market by Paul DeAdder

The rental market became so unbalanced during the third quarter that units were on the market for a record low average of 10 days

... More


new-construction-w-supervisors-285.jpg - Real Estate News

Rental apartment construction slumps in Toronto as building costs rise

10/19/2022 | Posted in Rental Market by Paul DeAdder

Rental apartment construction dropped sharply in Toronto in the first half of the year, according to a new government report that suggests it has become “less and less ... More


house-for-rent-87.jpg - Real Estate News

Canadian rent prices reach a three-year high, up 17% from pandemic lows

9/20/2022 | Posted in Rental Market by Paul DeAdder

Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic levels.

... More


browse-homes-online-135.jpg - Real Estate News

Rent prices in Toronto rose by 'fastest pace on record' in Q2: report

7/19/2022 | Posted in Rental Market by Paul DeAdder

GTA rent prices rose by “the fastest pace on record” in the second quarter of this year with the average one-bedroom unit being leased out for nearly $2,200 a ... More


house-for-rent-87.jpg - Real Estate News

These are the most expensive Canadian cities to rent a home

6/22/2022 | Posted in Rental Market by Paul DeAdder

The Canadian housing market continues to witness a dramatic climb in rental prices according to a report from rental listing platform Zumper published last Wednesday.

... More


house-for-rent-87.jpg - Real Estate News

GTA apartment, condo rental prices on the rise: Report

6/1/2022 | Posted in Rental Market by Paul DeAdder

A new report says the average monthly GTA rent increased 12% for all property types this April to $2,204 from $1,974 in April 2021.

... More


debt-stress-frustration-98.jpg - Real Estate News

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

3/24/2020 | Posted in Rental Market by Paul DeAdder

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


house-for-rent-87.jpg - Real Estate News

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

2/18/2020 | Posted in Rental Market by Paul DeAdder

Canadian renters are facing larger monthly payments in many markets according to a new report.

... More


own-or-rent-sign-120.jpg - Real Estate News

Rents in major cities spike

2/13/2020 | Posted in Rental Market by Paul DeAdder

The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001.

... More


couple-laptop-106.jpg - Real Estate News

Toronto poised to lead growth in rents

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

Average rents in Canada are expected grow by 3% this year, while Toronto will see a stronger 7% increase in rents.

... More


house-for-rent-87.jpg - Real Estate News

Townhouses lead growth in rents

12/1/2019 | Posted in Rental Market by Paul DeAdder

The annual increase in Canadian rents was not consistent across property types.

... More


house-for-rent-87.jpg - Real Estate News

TREB Releases Rental Market Figures as Reported by GTA Realtors

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

Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s ... More


condos-highrises-101.jpg - Real Estate News

Toronto condo apartment rentals up 15% in June

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

The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity.

... More


house-for-rent-87.jpg - Real Estate News

Demand, rates rise for Canadian apartments

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

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


downtown-toronto-from-cn-tower-255.jpg - Real Estate News

Toronto rents up 11% in 2019

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

Canadian landlords will be increasing rents in 2019 as strong demand for rental housing continues amid high home prices and tighter mortgage lending rules.

... More


house-for-rent-87.jpg - Real Estate News

Rental vacancy rate dips to 2.4% across Canada, CMHC says

11/28/2018 | Posted in Rental Market by Paul DeAdder

Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units.

... More


FOR SELLERS
Are you thinking of selling your property
and would like to know how much it can sell for?
Click here to get your property appraised for FREE!
FOR BUYERS
Thinking of buying a home or investment property?
Sign-up for FREE to get immediate access to listings
in your desired area as soon as they hit the market!
PROPERTY SEARCH IN GTA
Are you thinking of buying your first property,
downsizing, or upgrading to bigger and better?
Click here to search through thousands of listings!