11/14/2023 | Posted in Rental Market by Crescendo Realty
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The average asking rent in Canada has increased by about $175 over the past six months, and is now nearly 10% higher compared to a year ago. ... More

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  11/4/2023 | Posted in Rental Market by Crescendo Realty
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Rental prices in Canada reached a new high with the average asking price of $2,149 per month, according to a new report. ... More

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  8/12/2023 | Posted in Rental Market by Crescendo Realty
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Amidst continued interest rate hikes and economic challenges, the average asking price for a rental unit in Canada reached another new record of $2,078 in July, according to a ... More

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  7/17/2023 | Posted in Rental Market by Crescendo Realty
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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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  6/21/2023 | Posted in Rental Market by Crescendo Realty
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The number of people renting in Ontario is going up, and so are rental prices, putting more pressure on an already precarious housing system. ... More

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  3/24/2020 | Posted in Rental Market by Crescendo Realty
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The COVID-19 coronavirus outbreak is highlighting the fragility of millions of Canadian households, which face a stark choice between paying their bills or putting food on the ... More

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  2/18/2020 | Posted in Rental Market by Crescendo Realty
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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 Crescendo Realty
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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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  1/9/2020 | Posted in Rental Market by Crescendo 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

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  12/1/2019 | Posted in Rental Market by Crescendo Realty
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The annual increase in Canadian rents was not consistent across property types. ... More

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  10/3/2019 | Posted in Rental Market by Crescendo 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

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

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  6/28/2019 | Posted in Rental Market by Crescendo 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

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  12/18/2018 | Posted in Rental Market by Crescendo Realty
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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

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  11/28/2018 | Posted in Rental Market by Crescendo Realty
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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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  11/16/2018 | Posted in Rental Market by Crescendo Realty
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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

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  10/31/2018 | Posted in Rental Market by Crescendo Realty
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In a keynote speech delivered at the National Mortgage Conference in Montreal this week, Benjamin Tal warned that instituting rent control could spell disaster. ... More

Real Estate & Mortgage News

  5/17/2018 | Posted in Rental Market by Crescendo Realty
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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

  2/10/2018 | Posted in Rental Market by Crescendo Realty
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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

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  10/13/2017 | Posted in Rental Market by Crescendo Realty
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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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  1/17/2017 | Posted in Rental Market by Crescendo Realty
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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. ... More

Real Estate & Mortgage News

  10/17/2016 | Posted in Rental Market by Crescendo Realty
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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

Real Estate & Mortgage News

  10/17/2016 | Posted in Rental Market by Crescendo Realty
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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 "professional" ... More

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