rental market

rents are rising

Canadian Apartment Magazine

Rents are rising in most major areas

Although average monthly rents continued to decline on a national basis, rents are rising regionally according to the latest rent report from Rentals.ca.
GTA neighbourhoods

Canadian Apartment Magazine

New rent report looks at GTA neighbourhoods

A new report from liv.rent explores the pandemic’s impact on the cost of rent in specific GTA neighbourhoods for Q1 2021.
average rent

Canadian Apartment Magazine

Average rent in Canada down 6% since February 2020

The average rent for all Canadian properties listed on Rentals.ca in February was $1,714 per month, down 6 per cent from a year ago.
average rent

Canadian Apartment Magazine

Toronto vacancy rate reaches 50-year high

The latest Urbanation survey of purpose-built rental apartments in Toronto show the vacancy rate rose to a 50-year high of 5.7 per cent in Q4-2020. 
Avenue Living

Canadian Apartment Magazine

Avenue Living surpasses $2 billion in assets

Avenue Living announced it has surpassed $2 billion in assets under management during the COVID-19 pandemic, growing by 30 per cent since December 2019.
average rent

REMI Network

GTA rents continue to decline

GTA rents continue to decline, with condo rentals in downtown Toronto seeing the most significant drop in rates at 16 per cent.
Rapid Housing Initiative

Canadian Apartment Magazine

Average rent down 8.1% in Canada: October 2020

New rental data for October 2020 shows that average rents are down in most large metros, particularly for smaller luxury units located in busy neighbourhhoods.
rental demand

Canadian Apartment Magazine

Rental demand in Canada’s major urban centres

Measures to limit the spread of COVID-19 and protect Canadians’ health are contributing to a significant interruption in rental demand.
moving back home

Canadian Apartment Magazine

Survey finds significant number of adult Canadians moving back home 

A new survey by Finder.com found that a significant number of adult Canadians are moving back home with parents due to the financial pressures of COVID-19.
housing choices

Canadian Apartment Magazine

COVID-19’s impact on housing choices

New data shows more Canadians are making conservative housing choices due to sustained income loss and fear of a second wave. 
Class A apartments

Canadian Apartment Magazine

On the road to recovery

New data from Altus Group, Morguard, and Rentals.ca show a slump in sales and declining rental rates as we ease our way down the road to recovery.
average rent

Canadian Apartment Magazine

Average monthly rents decline in April

Average monthly rents were down in April over March in most Canadian cities, including Toronto, Vancouver, Calgary and Ottawa, according to the latest data from Rentals.ca and Bullpen Research & Consulting.
'forever renter'

Canadian Apartment Magazine

Survey finds 1 in 10 Canadians believe they’ll be renting forever

According to new research from Finder.com, more than 3.4 million Canadians believe they'll never own a home, particularly in the frame of the current COVID-19 pandemic.

Canadian Apartment Magazine

Avenue Living reports positive April rent revenue

Despite the drastic economic downturn due to COVID-19, Calgary-based Avenue Living reports that the large majority of its tenants paid their April rent.
Airbnb longer-term strategy

Canadian Apartment Magazine

Airbnb shifts towards longer-term rental strategy

With the pandemic putting an abrupt halt to travel and tourism, short-term vacation rentals have seen a sharp decline in bookings. As a result, changes are afoot at Airbnb with a longer-term strategy now underway.
new housing

Canadian Apartment Magazine

Tight market conditions persist in GTA

New CMHC rental market survey sheds light on the main drivers affecting the GTA's tight market conditions.
urban growth

Canadian Apartment Magazine

Tackling the challenges of urban growth

As rents continue to climb in Canada’s major metropolitan areas, “creative” and “collaborative” solutions will be needed to tackle the challenges of urban growth.