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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

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