Renting
Renting
‘A Deep-Rooted Focus’: Averton Enters Alberta And Ontario Purpose-Built Rental Markets
"We appreciate that the homes we build, and the communities we develop, are the backdrop to our customers’ everyday experiences," says Averton President and CEO Paul Lanni. "This is something we don’t take for granted, and the pursuit of excellence is what fuels us.”
May 15, 2024
Renting
Average Canadian Rent Has Shot Up 32% Since ‘Pandemic Low’
In his analysis of the latest data, Urbanation President Shaun Hildebrand remarks that “the rental market in Canada has become increasingly fragmented, with expensive cities seeing rents soften and affordable markets experiencing a continued rapid escalation.”
Renting
Trudeau's Housing Initiatives Fail To Impress Canadian Renters
Canadian renters aren’t blown away by Prime Minister Justin Trudeau’s recent announcements, according to a recent survey from rentals.ca.
Renting
GTHA Condo Rents Down 7% In The Past Six Months
The first quarter of 2024 brought some relief for renters in the GTHA, with condo rent dropping amid an influx of new supply.
Newly Listed Moore Park Home Serves Opulent Charm
Sitting in the heart of Toronto's prestigious Moore Park neighbourhood, 9 Ridge Drive Park serves opulent charm with a warm and welcoming ambiance.
Renting
Tenant Advocate Calls For Policy Reform For Renters To Avoid "Double Bind"
Canadian law currently stipulates that renting a property from someone who lives outside of the country carries with it special responsibilities and potentially big costs – whether a tenant is aware or not.
Policy
The Canada Rental Protection Fund Is Launching With Just... $5M?
Budget 2024 documents reveal that the $1.5B Canada Rental Protection Fund will be launching with just $5M in its first year.
Renting
Updates To RentSafeTO Include More Inspections, Steeper Fines
Toronto City Council approved a series of “updates” to RentSafeTO last week, and among those were new parameters for city inspections, a more hands-on system for tenant complaints, and increased fees for non-compliance.
Policy
BC Property Owners Group Seeking Judicial Review Of Short-Term Rental Legislation
The petition to the Supreme Court was filed last week by the West Coast Association for Property Rights, also known as the Property Rights Association of BC (PRABC).
Renting
This Property Management Group Brings Innovation To A Growing Rental Market
From what started as a management company for Pinemount Developments' own rental buildings, Holt Meadow has grown to a contracted-out property management service.
Opinion
If The Feds Want to Help Renters, The Budget Must Take Action On Open Banking
According to Andrew Graham, co-founder & CEO of Borrowell, Open banking would help level the playing field for renters, allowing them to build credit with rent payments.
Renting
Canadian Rents Flatten In March, “Weighed Down” By Declines In Vancouver And Toronto
“As population growth slows with caps on non-permanent residents and supply increases as rental completions continue to rise, rent growth should continue to moderate towards more sustainable levels.”
Renting
BC Gov To Amend Residential Tenancy Act To Deter Bad-Faith Evictions
Besides detering bad-faith evictions, other amendments will also restrict rent increases when a family has a child.
Renting
Pinemount Leans Into The 'Longevity' Of Purpose-Built Rental
"I do think that in all forms, in all levels of government, they’re starting to understand and think about [the rental market] the right way."
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