3/22/2023 | Posted in Rental Market by RENTEX Realty
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Canada's rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock, Royal Bank of Canada said in a report Wednesday. ... More

2/10/2023 | Posted in GTA Rental Market by RENTEX Realty
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The deficit of rental housing in the Greater Toronto Area is poised to double to 177,000 units over the next decade amid “record high immigration” and declining home ... More

1/19/2023 | Posted in Rental Market by RENTEX Realty
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New report highlights rent rate movements in major urban markets ... More

11/22/2022 | Posted in Rental Market by RENTEX Realty
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Having already surpassed pre-pandemic levels, the average rent in Canada continued to rise in October. ... More

10/27/2022 | Posted in Rental Market by RENTEX Realty
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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 sidelines. ... More

10/21/2022 | Posted in Rental Market by RENTEX Realty
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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

10/19/2022 | Posted in Rental Market by RENTEX Realty
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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

10/12/2022 | Posted in Toronto News by RENTEX Realty
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The market has seen its rent rates increase by around 20% annually ... More

9/22/2022 | Posted in Canadian Housing Market by RENTEX Realty
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10 million households own their home, while 5 million rent. But the gap is narrowing. ... More

9/20/2022 | Posted in Rental Market by RENTEX Realty
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Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic levels. ... More

8/13/2022 | Posted in Rental Market by RENTEX Realty
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7/29/2022 | Posted in GTA Real Estate by RENTEX Realty
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The Greater Toronto Area’s average rent has reached a new high in Q2 amid intensified competition, according to the region’s real estate industry association. ... More

7/19/2022 | Posted in Rental Market by RENTEX Realty
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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 month, a ... More

6/30/2022 | Posted in Ontario News by RENTEX Realty
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Ontario is more than doubling the maximum rate a landlord can raise a tenant's rent next year – marking the highest rent increase guideline in the province in a decade. ... More

6/22/2022 | Posted in Rental Market by RENTEX Realty
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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

6/1/2022 | Posted in Rental Market by RENTEX Realty
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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

2/18/2020 | Posted in Rental Market by RENTEX Realty
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Canadian renters are facing larger monthly payments in many markets according to a new report. ... More

1/9/2020 | Posted in Rental Market by RENTEX Realty
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Average rents in Canada are expected grow by 3% this year, while Toronto will see a stronger 7% increase in rents. ... More

11/25/2019 | Posted in Toronto Real Estate by RENTEX Realty
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Plans to regulate the short-term rentals market in Toronto will go ahead following the dismissal of an appeal. ... More

10/21/2019 | Posted in Toronto Real Estate by RENTEX Realty
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At present, Toronto is far more hospitable to renters than buyers, with the average surveyed rent for recently leased units increasing at the slowest rate in two years. ... More

10/3/2019 | Posted in Rental Market by RENTEX Realty
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s MLS® ... More

9/26/2019 | Posted in Toronto Real Estate by RENTEX Realty
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A new report from RBC Economics focuses on the rental housing deficit which is set to intensify in the coming years, especially in Toronto and Vancouver. ... More

9/17/2019 | Posted in Toronto Real Estate by RENTEX Realty
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Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX. ... More

8/17/2019 | Posted in GTA Real Estate by RENTEX Realty
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Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019. ... More

7/9/2019 | Posted in Toronto News by RENTEX Realty
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U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto. ... More

7/5/2019 | Posted in Rental Market by RENTEX Realty
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The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity. ... More

6/28/2019 | Posted in Rental Market by RENTEX Realty
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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 to a ... More

6/5/2019 | Posted in GTA Real Estate by RENTEX Realty
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TREB President Garry Bhaura announced that GTA REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.1 While this result represented a ... More

6/2/2019 | Posted in Toronto Real Estate by RENTEX Realty
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Torontonians could find themselves “doubling up” on housing with friends or relatives in the coming years as the city’s breakneck population growth outstrips the ... More

2/6/2019 | Posted in Toronto News by RENTEX Realty
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The Greater Toronto Area’s tech sector, the fastest growing in North America, expected to attract young professionals in greater numbers this year. ... More

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