REMI

Urbanation

rent growth

Canadian Apartment Magazine

Annual rent growth returns to longer-term average

Asking rents for purpose-built and condominium apartments in Canada rose by 4.7 per cent, marking the slowest annual rate of rent growth in nearly three years.
land bank

Canadian Apartment Magazine

Record-high housing starts bolster supply in GTHA

According to new data from Urbanation, an increase in GTHA housing starts and completions over the past 12 months have led to higher vacancies.
condo sales

REMI Network

New condo sales fall to 15-year low in GTA

New condo sales in the Greater Toronto Area are at their lowest since 2008 at 12,716 units, according to new data from Urbanation.
student housing

Canadian Apartment Magazine

Average asking rents reach record high in 2023

Average asking rents for all property types in Canada increased by 9 per cent in 2023, reaching a record-high $2,178 in December
allowable rent increase

Canadian Apartment Magazine

Average asking rent in Canada hits new high

For the sixth month in a row, average asking rents for vacant rental units in Canada rose to new heights, reaching $2,178 for all property types.
RCFi

Canadian Apartment Magazine

GTA rental construction declined in Q3

The number of purpose-built rentals under construction in the GTA fell to 18,267 units in Q3-2023, according to new data from Urbanation.
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.
GTA condos

Canadian Apartment Magazine

Rents for GTA condos rose 12.6% in Q2

Q2 rental market data reveals that the annual rate of rent growth for vacant GTA condos was 12.6%, pushing rents to a record high average of $2,803.
student housing

Canadian Apartment Magazine

Average annual rent increases cooled slightly in May 

The average annual rent for vacated units in Canada rose 6.5 per cent in May, marking the lowest annual increase since December 2021.
allowable rent increase

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.
smaller units in demand

Canadian Apartment Magazine

Smaller units in demand across GTA

While average rents for all GTA rental units available for lease in Q1-2023 reached record highs, smaller units saw a significant surge.
rent growth

Canadian Apartment Magazine

March data shows rent growths are reaccelerating

According to March data from rentals.ca and Urbanation, average rents in Canada were up 1 per cent for the first time since November.
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.
condominium rents

Canadian Apartment Magazine

GTA condominium rents up 17% in 2022

As reported by Urbanation, GTA condominium rents rose by nearly 17 per cent in 2022 following decreases in 2021 and 2020.
allowable rent increase

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.
average asking rents

Canadian Apartment Magazine

Annual rent increase more than doubles average wage increase

Annual average rent in Canada rose 11.8 % in October, which is more than double the average hourly wage increase of 5.6 %.
condo sales

REMI Network

New condo sales in GTA drop 79%

New condo sales in the GTA declined 79 per cent from a year ago, according to the Q3-2022 condo market survey from Urbanation.