rental market

renovictions

Canadian Apartment Magazine

Clamping down on renovictions

Hamilton will soon be the first city in Ontario to introduce a renoviction bylaw forcing landlords to obtain a licence prior to issuing an N-13
rent growth

Canadian Apartment Magazine

New Rental Market Industry Index coming soon

Rentals.ca has partnered with Statistics Canada to create the Rental Market Industry Index, a new data-based resource for landlords, renters and policymakers.
rent growth

Canadian Apartment Magazine

New data indicates rent growth may be slowing

While most major cities across Canada experienced rent growth in September, there are indications the market may be slowing.
rental affordability

Canadian Apartment Magazine

New study sheds light on rental affordability

A new study by Online Mortgage Advisor looks at average salaries vs. monthly rents in cities worldwide to calculate the change in rental affordability since 2018.
Townline "Meridien"

Canadian Apartment Magazine

Townline partners with Nicola Wealth on BC rental tower

Townline has joined forces with Nicola Wealth Real Estate on the construction of a 267-unit purpose-built rental tower in West Coquitlam, BC.
rent growth

Canadian Apartment Magazine

Rent growth shows no signs of abating

Rent growth continues to accelerate in Canada’s apartment market as the economy outperforms expectations and demand exceeds new supply.
rental homes

Canadian Apartment Magazine

Canada’s average asking rent up 20% since 2021

Canada’s average asking rent has risen 20 per cent since the pandemic low of April 2021, up to $2,002 representing an increase of $340 per month.

Canadian Apartment Magazine

Social and affordable housing in Canada

With the national vacancy rate hovering at 2.5 percent, bringing more social and affordable rental housing to market is on every government's agenda.
average rent

Canadian Apartment Magazine

Average rent in Ontario up 13.5 per cent

Ontario placed third among provinces in January for average annual rent increases, up 13.5 per cent for condo rentals and apartments.
rental homes

Canadian Apartment Magazine

Average monthly rents top $2,000 in Canada 

Average monthly rents have surpassed $2,000 in Canada with no signs of slowing according to latest National Rent Report from Rentals.ca and Urbanation.
Tricon Residential

Canadian Apartment Magazine

Tricon sells remaining interest in U.S. portfolio

Tricon Residential announced it has entered into an agreement to sell its remaining 20 per cent interest in 23 U.S. apartment buildings for approximately $315 million.
rental homes

Canadian Apartment Magazine

Rents in September 2022 reached historic highs

Rents in September 2022 for all rental properties in Canada reached historic highs, with the average monthly asking price exceeding $2,000.
missing middle housing

Canadian Apartment Magazine

Renter households outpaced owner households in 2021

The growth of renter households outpaced the growth of owner households in 2021, according to the latest Canadian Housing Survey from Statistics Canada.
average asking rents

Canadian Apartment Magazine

National average rent eclipses September 2019 peak   

The national average rent reached $1,959 in August, topping the September 2019 peak by a few dollars according to the latest National Rent Report.
Toronto looks to Calgary's conversion recipe

Canadian Apartment Magazine

Demand for rentals soars in downtown Toronto

Demand for rentals in downtown Toronto soared in July, 2022, and will continue to accelerate in the short-term.
residential rents

Canadian Apartment Magazine

Canada’s residential rents continue to rise

Average residential rents in Canada are closing in on their pre-pandemic peak, with the median rent reportedly hovering at $1,800 per month for all property types.
GTA rents

Canadian Apartment Magazine

GTA rents rise at fastest pace on record

GTA rents in Q2 2022 rose at their fastest pace on record, with smaller units experiencing the strongest growth rates since the pandemic.