Renting
Renting
Size Matters: Renters Prioritizing Space And Price Over Location
A study from simplydbs found that 74% of renters valued price over location, amid a high cost of living.
Sep 11, 2024
Renting
“Historically Irregular”: Canadian Rent Growth Slows To Almost 3-Year Low
The sluggish summer is attributed to “a combination of more supply being built, as well as a rollback in demand from population-related changes in government policies.”
Policy
"A Dramatic Shift": Provincial Fund Now The Biggest Buyer In BC's Multi-Family Market
British Columbia’s $500 million Rental Protection Fund has kicked into high gear since it was announced by Premier David Eby more than a year ago, but it's not without its critics.
Renting
Behind The Scenes, This Property Management Group Is Ahead Of The Curve
“It's easy to get fatigued in this business. It's a very hands-on business that focuses on a lot of minutia,” says Oren Turkienicz, CEO of Holt Meadow. “So from our perspective, it's important to keep employees engaged.”
For Quality And Integrity, This GTA Homebuilder Is One To Watch
Epitomizing integrity and prioritizing quality, GTA homebuilder Camcos Living is led by industry veterans who together bring more than 50 years of experience to the table.
Policy
BC Drops Annual Rent Increase Cap To 3.0% For 2025
After setting the rent increases cap at 3.5% for 2024, the Province is dropping it to 3.0% for 2025, tying it to inflation.
Renting
July Sees Slowest Annual Canadian Rent Growth In Over Two Years
"We’ve seen very little of the uplift typically expected with the warmer months,” said David Aizikov, Senior Analyst at Rentals.ca.
Condos
Toronto Condo Sales Slump 20% As Would-Be Buyers Turn To Renting
“With monthly payments remaining high and average rents edging lower over the past year, many would-be buyers remain on the sidelines. However, over the next year, an improving affordability picture will see a growing number of first-time buyers enter the condo market.”
Policy
Municipalities Must Monitor (And Tweak) Their Tenant Protection Policies
While Vancouver and Burnaby have created rigorous tenant protection policies, these approaches are new, and something of a housing experiment. As the redevelopments unfold, and tenants make use of their rights, the question of compliance will be put to the test, say experts.
Development Projects
DBS Developments Proposes 40-Storey Purpose-Built Rental Near Danforth And Main
A new 40-storey development proposed in early-March is moving forward with a Site Plan Approval for its East York development set to bring 546 new residential units to the neighbourhood.
Renting
Pinemount Brings Premium Purpose-Built Rental To North York With ‘The Hawthorne’
‘The Hawthorne’ will bring 170 new rental units to North York, which Pinemount’s Oren Turkienicz describes as a “really strong market that needs good, well-designed housing.”
Renting
Amid Rising Rental Popularity, This Property Management Group Is Ahead Of The Curve
"We understand that when rentals are high quality, the customer service and overall offering has to meet that quality.” Oren Turkienicz, CEO of Holt Meadow, explains what sets the property management group apart.
Renting
Average Canadian Rents Drop In June After Record-Breaking May
Month-over-month, the (very slight) decrease actually represented the largest decline since early 2021 – during the pandemic – and defies the typical summer trend of rising rents.
Renting
Brampton Announces Fines Up To $1,200 For Unlicensed Landlords
Landlords that fail to comply with the city’s rental licensing pilot will face a $600 fine for first offences, a $900 fine for second offences, and a $1,200 fine for third and subsequent offences.
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