Apartment Market

Yardi multifamily report

Canadian Apartment Magazine

Canada’s sizzling hot apartment market

Apartment owners in Canada are reaping the rewards of a favourable supply-demand equation, according to Yardi's Q2-2023 multifamily report.
GTA rents

REMI Network

GTA rents continue to trend up

GTA rents continued to trend up in March 2022, with Bullpen Research & Consulting and TorontoRentals.com reporting an increase of 10 per cent versus a year ago. 
REMI

Canadian Apartment Magazine

Lower-income renters still lack housing options

According to CMHC’s 2022 Rental Market Report, lower-income renters are still lacking housing options in most Canadian cities.
Killam Apartment REIT

Canadian Apartment Magazine

Killam Apartment REIT reports robust growth

In a recent operational update, Killam Apartment REIT reported net earnings of $46.6 million, marking an exceptional third quarter for the Halifax-based group.
luxury apartment CAPREIT

Canadian Apartment Magazine

CAPREIT acquires luxury apartment in Toronto’s Forest Hill

CAPREIT announced it has acquired Tower Hill East, a “superior-quality, luxury apartment building” on St. Clair Avenue West in Forest Hill, Toronto.
multifamily investment

Canadian Apartment Magazine

Multifamily investment remains red hot: JLL

Canada's multifamily investment volume is up 36 per cent on the 5-year quarterly average, according to JLL’s 2021 mid-year report.
average asking rents

Canadian Apartment Magazine

Average rent in Canada rises for 2nd straight month   

Average rent in Canada increased for the second month in a row, after six straight months of decline, according to the June National Rent Report. 

Canadian Apartment Magazine

CAPREIT expands presence in Ontario and B.C.

CAPREIT has completed the acquisition of a portfolio of seven apartment buildings in London, Ontario, and six apartment buildings in Victoria, B.C.
multi-suite residential

Canadian Apartment Magazine

Investor confidence in multi-suite remains high

Investor confidence in the multi-suite residential and industrial property sectors remained robust throughout 2020, according to Morguard's new economic outlook report.
Canada's apartment market

Canadian Apartment Magazine

A hopeful outlook for Canada’s rental market

As the average rent in Canada hit a record low of 9.1 % from a year ago, analysts share a hopeful outlook for Canada's rental market in 2021 and beyond.

Canadian Apartment Magazine

CAPREIT acquires two Ottawa rental properties

CAPREIT announced it has waived conditions on the acquisition of two Ottawa rental properties for a total purchase price of $95.5 million.
homebuilders

Canadian Apartment Magazine

How has COVID-19 changed the apartment market?

Jeremy Wedgbury, Senior Vice President, Commercial Mortgages, First National discusses how the pandemic has affected the apartment market.
GTHA

Canadian Apartment Magazine

Downtown Toronto’s startling rise in vacancies

New data from Urbanation shows a sharp rise in vacancies in downtown Toronto's purpose-built apartments from 0.7 per cent in Q3-2019 to nearly 3 per cent today.
GTA rental market Aug 2019

Canadian Apartment Magazine

Elevated immigration fuels GTA rental market

A strong GTA rental market fuelled by favourable demographics lifted transaction velocity 8 per cent over the four quar­ters ending at mid-year 2019, according to a new report from Marcus & Milichap.

Canadian Apartment Magazine

Apartment sector leads Montreal investment activity in 2018

The Montreal apartment sector posted an increase of $388 million in 2018 and continues to lead the commercial real estate industry as the city's most attractive investment opportunity.
GTA rental rates

REMI Network

Survey says: Rent in Toronto highest in Canada

A new report from Rentals.ca reveals that rent in Toronto is the highest in Canada for one- and two-bedroom apartments, while Ontario is still the most expensive province.

Canadian Apartment Magazine

Apartment market trends and transactions

According to a recent market report from Avison Young, Canada's commercial real estate sector continues to possess varying, but largely healthy, property market fundamentals across the country's regions and asset classes.