rental market News and Articles | My Blog
Rent prices fall to 15-month low: Rentals.ca
12/10/2024 | Posted in Rental Market by Paul DeAdder
Average asking rents were down 1.6% on an annual basis, marking the first year-over-year decline since the pandemic.
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Condo rents in Toronto region dip for first time in 3 years: Urbanation
7/31/2024 | Posted in Rental Market by Paul DeAdder
A new report says condo rents in Canada's mostly densely populated region have dipped for the first time in three years.
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Canadian rent price growth slows to lowest level in 13 months
7/10/2024 | Posted in Rental Market by Paul DeAdder
In June, the average rent price in Canada rose 7% year-over-year, marking the slowest growth rate in 13 months.
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Average Canadian rent hits an all-time high of $2,202
6/8/2024 | Posted in Rental Market by Paul DeAdder
Average rents across Canada are now up 32% from their pandemic lows.
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April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report
5/10/2024 | Posted in Rental Market by Paul DeAdder
The average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first ... More
Average asking rent prices reach $2,193 in February, up 10.5% from 2023
3/12/2024 | Posted in Rental Market by Paul DeAdder
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
Rent hits another record high in January as average asking price reaches $2,196
2/15/2024 | Posted in Rental Market by Paul DeAdder
The average asking price for rent in Canada reached $2,196 in January, a 10 per cent increase from this time last year — marking another record high amid a deepening ... More
TRREB Releases 2023 Q4 Rental Market Statistics
1/31/2024 | Posted in Rental Market by Paul DeAdder
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
Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC
1/31/2024 | Posted in Rental Market by Paul DeAdder
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
Asking rents jump 8.6% in December to hit record $2,178 on average: report
1/16/2024 | Posted in Rental Market by Paul DeAdder
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
Renting in Canada - what's happening to rates?
12/12/2023 | Posted in Rental Market by Paul DeAdder
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
Rent prices are up $175 in the past six months and have pushed rent inflation to a 30-year high
11/14/2023 | Posted in Rental Market by Paul DeAdder
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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Average rental prices in Canada surge to records highs in October 2023: report
11/4/2023 | Posted in Rental Market by Paul DeAdder
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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July sees unprecedented spike in average Canadian rental unit asking prices: report
8/12/2023 | Posted in Rental Market by Paul DeAdder
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
Canadian rent prices hit a record high in June
7/17/2023 | Posted in Rental Market by Paul DeAdder
Average rent prices hit a record high in June, driven higher by strong population growth and continued demand outpacing new supply.
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6/21/2023 | Posted in Rental Market by Paul DeAdder
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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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
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.
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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.
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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.
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