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Paul DeAdder | Real Estate Sales Representative Serving 
Halifax & Surrounding Area | Sutton City Realty Inc., Brokerage

ontario rental market News and Articles | My Blog

Rent hits another record high in January as average asking price reaches $2,196

2/15/2024 | Posted in Rental Market by Paul DeAdder

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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

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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


Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

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

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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


Renting in Canada - what's happening to rates?

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

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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


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

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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.

... More


Average rental prices in Canada surge to records highs in October 2023: report

11/4/2023 | Posted in Rental Market by Paul DeAdder

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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.

... More


July sees unprecedented spike in average Canadian rental unit asking prices: report

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

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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


Ontario Capping Rent Increases Below the Rate of Inflation

7/1/2023 | Posted in Ontario Real Estate by Paul DeAdder

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Province holding rent increase guideline at 2.5 per cent in 2024

... More


"There's a real crushing effect": Number of renters in Ontario rising alongside costs, housing index says

6/21/2023 | Posted in Rental Market by Paul DeAdder

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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.

... More


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