The Toronto condo rental market experienced significant shifts in 2024, with rising vacancy rates, fluctuating rental prices, and a record-breaking surge in new rental completions. As the market adjusts to these changes, renters and landlords alike are navigating a more competitive landscape. This market update provides an in-depth analysis of the latest...
Are you keeping up with the rental news from 2023 across the GTA? Rental growth continued around the GTA in Q2 2023 with the booming condominium market had double-digit rent inflation for the eighth straight quarter, reaching a record 12.6%. With rents skyrocketing, demand for smaller, less expensive homes has increased,...
Have you seen the latest market updates for the rental market for April? In the first quarter of 2023, the rental market has continued to display a high level of competition. The Greater Toronto Area (GTA) has experienced significant population growth, which, combined with challenges in affording homeownership and a...
Are you staying up-to-date on the latest market updates for February? February saw increased rental rates, declining new listings, and shifting demand. As winter turns to spring, we are seeing a lot more rental activity. We'll examine what is happening in the Greater Toronto Area for the condo rental market and...
As we reflect on 2022, it is important to review the state of the rental market in one of Canada’s largest cities: Toronto. The Toronto condo rental market is a dynamic one, and both condo owners and renters should be aware of the trends that have emerged over the past...
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