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Toronto sees a boom in upscale rental

Those who manage the new purpose-built rentals would prefer if no one referred to their buildings as ‘condo-like’

Sabrina francescutShaun hildebrandRob martinUrbanation incRhapsody property management servicesRhapsody property managementReal estateThe listing

Average rent in Canada up $340 per month, compared to April 2021

A new rental report has revealed that the average asking rent in Canada rose 20% in April for all property types to an average of $2,002.

British columbiaShaun hildebrandMatt danisonUrbanation inc rentalsNational rentNational rent reportNova scotiaUrbanation incRed deer

Biddings wars and high prices lure home sellers out

Listings across many markets were bumping along at a 20-year low in March, according to the Canadian Real Estate Association

Evan buhlerAnita springate renaudShawn hildebrandJonathan griffithsCanadian real estate associationUrbanation incCanadian real estateGriffiths lawLake ontarioHarmonized sales taxGreater toronto areaReal estateToronto real estateOntario real estate

CMHC forecasts 32 per cent drop in new home construction due to inflation, labour shortages

Housing agency’s chief economist says the decline is ‘alarming’ and warned that affordability will continue to worsen

British columbiaBob duganJustin tangCanadian real estate associationHousing corpUrbanation incCanada mortgageCanadian real estateToronto ottawaAud urlBank of canada

Average Toronto apartment rents surge to over $3,000 a month

Rent has been rapidly rising in the Toronto region as people continue to move to the city after pandemic-related restrictions eased

British columbiaShaun hildebrandChristopher katsarovGarima talwar kapoorUrbanation incAud urlBank of canadaStatistics canada

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