2/15/2024 | Posted in Rental Market by Bashar Mahfooth
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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 rental ... More

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  1/31/2024 | Posted in Rental Market by Bashar Mahfooth
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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

Real Estate & Mortgage News

  1/31/2024 | Posted in Rental Market by Bashar Mahfooth
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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

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  7/17/2023 | Posted in Rental Market by Bashar Mahfooth
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Average rent prices hit a record high in June, driven higher by strong population growth and continued demand outpacing new supply. ... More

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

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  2/13/2020 | Posted in Rental Market by Bashar Mahfooth
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More

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  10/3/2019 | Posted in Rental Market by Bashar Mahfooth
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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

  9/17/2019 | Posted in Toronto Real Estate by Bashar Mahfooth
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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 Bashar Mahfooth
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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

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  7/29/2019 | Posted in GTA Real Estate by Bashar Mahfooth
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The market for condo apartments remained strong in the Greater Toronto Area in the second quarter. ... More

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  7/5/2019 | Posted in Rental Market by Bashar Mahfooth
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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 Bashar Mahfooth
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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

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  4/25/2019 | Posted in Toronto Real Estate by Bashar Mahfooth
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The condo apartment market in the Greater Toronto Area remains tight with prices facing upward pressure. ... More

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  2/6/2019 | Posted in Toronto News by Bashar Mahfooth
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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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  1/30/2019 | Posted in GTA Real Estate by Bashar Mahfooth
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Condo apartment sales in the Greater Toronto Area fell in the fourth quarter of 2018 and renters were put under greater pressure. ... More

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  1/14/2019 | Posted in GTA Real Estate by Bashar Mahfooth
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Condo apartment owners in the GTA saw higher returns on their investments in 2018 with rents setting a new record. ... More

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  12/18/2018 | Posted in Rental Market by Bashar Mahfooth
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Canadian landlords will be increasing rents in 2019 as strong demand for rental housing continues amid high home prices and tighter mortgage lending rules. ... More

Real Estate & Mortgage News

  11/28/2018 | Posted in Rental Market by Bashar Mahfooth
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Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units. ... More

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  11/20/2018 | Posted in Ontario Real Estate by Bashar Mahfooth
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Starting immediately, rent control rules will no longer apply to buildings and flats being rented for the first time, the Progressive Conservative government announced Thursday. ... More

Real Estate & Mortgage News

  11/16/2018 | Posted in Rental Market by Bashar Mahfooth
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Immensely positive prospects for employment will fuel prolonged demand for rental residences in Toronto, according to a new analysis by Marcus & Millichap. ... More

Real Estate & Mortgage News

  11/14/2018 | Posted in GTA Real Estate by Bashar Mahfooth
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Condo affordability is fuelling the rise of vertical growth, with resale condominium apartments and townhomes in the Greater Toronto Area (GTA) now representing almost 37 per cent ... More

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  10/11/2018 | Posted in Toronto Real Estate by Bashar Mahfooth
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Toronto condo rents jump 7.6% to $2,385 per month in third quarter. ... More

Real Estate & Mortgage News

  8/31/2018 | Posted in Canadian Housing Market by Bashar Mahfooth
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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 bleaker ... More

Real Estate & Mortgage News

  7/13/2018 | Posted in GTA Real Estate by Bashar Mahfooth
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Condo investors in the Greater Toronto Area are seeing strong gains in rents according to a new report. ... More

Real Estate & Mortgage News

  5/17/2018 | Posted in Rental Market by Bashar Mahfooth
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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. ... More

Real Estate & Mortgage News

  4/15/2018 | Posted in Toronto Real Estate by Bashar Mahfooth
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Average monthly rents in Canada’s biggest city surged 10.7% year-over-year in Q1 2018 to $2,206, according to a new report from Urbanation Inc. ... More

Real Estate & Mortgage News

  2/10/2018 | Posted in Rental Market by Bashar Mahfooth
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A new city report released on Friday says purpose-built apartment rent increases in 2017 soared to a 15-year high while vacancy rates sank to their lowest level in 16 years, ... More

Real Estate & Mortgage News

  1/17/2018 | Posted in GTA Real Estate by Bashar Mahfooth
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Suburban allure has largely become a thing of the past, but in the Greater Toronto Area - where the cost of housing grows astronomically by the month - the outskirts are becoming ... More

Real Estate & Mortgage News

  1/14/2018 | Posted in GTA Real Estate by Bashar Mahfooth
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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 of ... More

Real Estate & Mortgage News

  10/13/2017 | Posted in Rental Market by Bashar Mahfooth
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Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ... More

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