property rental News and Articles | My Blog
10/23/2024 | Posted in Toronto News by Paul DeAdder
Landlords who plan to evict tenants to renovate their properties may soon be required to apply for a licence and provide additional financial compensation to the tenants they ... More
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.
... MoreToronto 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.
... MoreTownhouses 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.
... MoreToronto 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.
... MoreToronto tech sector slated for more growth
2/6/2019 | Posted in Toronto News by Paul DeAdder
The Greater Toronto Area’s tech sector, the fastest growing in North America, expected to attract young professionals in greater numbers this year.
... More12/18/2018 | 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.
... MoreRental 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.
... MoreLong-term demand for Toronto's rental market
11/16/2018 | Posted in Rental Market by Paul DeAdder
Immensely positive prospects for employment will fuel prolonged demand for rental residences in Toronto, according to a new analysis by Marcus & Millichap.
... MoreFair Housing Plan triggered rent inflation
10/31/2018 | Posted in Rental Market by Paul DeAdder
In a keynote speech delivered at the National Mortgage Conference in Montreal this week, Benjamin Tal warned that instituting rent control could spell disaster.
... MoreCanadian Rental Rates Soar In Half Of Largest Cities
8/31/2018 | Posted in Canadian Housing Market by Paul DeAdder
Toronto is still the nation's priciest rental market, while rental rates are soaring in half of Canada's largest cities. The year-over-year numbers paint an even ... More
Rental Rates Soar By Double Digits In Half Of Canada's Largest Cities
5/17/2018 | Posted in Rental Market by Paul DeAdder
The cost of renting an apartment is climbing rapidly in many of Canada's largest cities, led by Toronto and nearby places, new data shows.
... MoreGTA condo rental prices soar as demand outweighs supply
1/14/2018 | Posted in GTA Real Estate by Paul DeAdder
The construction cranes seem to be everywhere you look in downtown Toronto, but finding a condo to call home is becoming increasingly more difficult, and costly, for a legion ... More
Rental market set for turbulence
10/13/2017 | Posted in Rental Market by Paul DeAdder
Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ...
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Ontario needs more than 6,000 new rental units a year says report
9/26/2017 | Posted in Ontario Real Estate by Paul DeAdder
The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade.
... MoreNew eviction rules in effect to protect Ontario tenants
9/1/2017 | Posted in Ontario Real Estate by Paul DeAdder
Ontario tenants will have additional protection from eviction starting Friday, September 1, 2017; when a landlord ends a tenancy to have family members move in, people evicted ... More
If you haven't disclosed your home's rental suite, you may be breaking the law
8/6/2017 | Posted in Home Owners by Paul DeAdder
A rental suite is a great way to help homeowners meet their mortgage payments at a time when home prices are creeping ever upward in some parts of Canada.
... MoreShort-term rentals recoup home price faster than long-term tenants
1/25/2017 | Posted in Real Estate Investments by Paul DeAdder
Homeowners could recoup the purchase price of their homes faster through short-term rentals such as Airbnb compared to a long-term rental strategy.
... MorePressure on GTA renters intensifies
1/17/2017 | Posted in Rental Market by Paul DeAdder
Those hoping to become first-time buyers in the Greater Toronto Area are under increasing pressure as soaring rents make saving for a downpayment tougher.
... More10/26/2016 | Posted in GTA Real Estate by Paul DeAdder
There was a 17.3 per cent drop in condo apartments available to rent in the Greater Toronto Area in third quarter of 2016 compared to a year earlier, Toronto Real Estate Board ... More
Ottawa's new mortgage rules will drive up rents in Toronto: study
10/17/2016 | Posted in Rental Market by Paul DeAdder
Toronto’s rental market is the hottest it has been in years, with bidding wars breaking out and rents soaring, according to a new study that predicts Ottawa’s new ... More
Airbnb says Toronto should regulate 'professional' renters
10/17/2016 | Posted in Rental Market by Paul DeAdder
Airbnb Canada's public policy manager Alexandra Dagg told Metro Morning that she'd like to see the city of Toronto create regulations that target ... More
Young professionals struggle to rent in 'crazy' real estate markets
10/15/2016 | Posted in Real Estate Market by Paul DeAdder
For many young professionals chasing the dream of home ownership, "I'll be renting forever" is a common lament as real estate prices in ... More
How principal-residence tax changes will affect every Canadian homeowner
10/8/2016 | Posted in Home Owners by Paul DeAdder
Earlier this week, Finance Minister Bill Morneau introduced tax changes that were aimed primarily at foreign investors in Canadian real estate to ensure they abide by our ... More
"Doubling up" on the rise in red-hot markets
9/27/2016 | Posted in Real Estate Market by Paul DeAdder
More and more consumers in Vancouver and Toronto are purchasing and moving to new properties even as they continue to maintain ownership of their old homes, taking advantage of ... More
