Urbanation
Canadian Apartment Magazine
GTA developers offering incentives to renters
New data from Urbanation shows a growing trend among developers offering incentives to renters in the Greater Toronto Area and Hamilton region.
Canadian Apartment Magazine
Residential rents down slightly from 2024 peak
Average rents in Canada have declined 3.3 per cent since May 2024, marking the eighth consecutive month of annual decreases.
REMI Network
New GTHA condo sales slowest in decades
New condo sales in the Greater Toronto Hamilton Area are the slowest in more than 30 years.
REMI Network
GTHA records slowest new condo sales since 1996
There were 4,590 sales overall, with a 64 per cent drop from 2023.
Canadian Apartment Magazine
Average rents declined slightly in November
Average rents for vacant rental units in Canada declined in November 2024, marking a 15-month low, in a sign that affordability is improving.
REMI Network
GTHA new condo sales drop to near 30-year low
The Greater Toronto Hamilton Area new condo market reported 567 sales in Q3-2024, the lowest quarterly total since 1995.
REMI Network
Canada’s annual rent growth slows to 2%
Average asking rents in Canada rose by 2.1 per cent in September, marking the smallest annual rent growth since October 2021.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
