Renting
Renting
Affordable Rental Lottery Opens For Toronto's Galleria On The Park
Renters will be chosen at random through a lottery system for Galleria on the Park's 135 affordable units, with rent prices starting at $1,589.
Mar 13, 2024
Renting
"Unrelenting": Canadian Rent Prices Up 21% Since Rate Increases Began
In the last year alone, rent prices grew 10.5% across Canada, which represents the fastest annual growth since September 2023.
Renting
Brampton Looking At Steeper Fines, LTB Exemptions For Landlord Licensing Pilot
City staff say they are now aiming to resume the Residential Rental Licensing pilot in early April.
Renting
Pandemic Spread Rental Affordability Crisis Across The Country, Expert Says
CMHC’s Mathieu Laberge says that the pandemic brought “increased demand in housing markets outside of large urban centres, in markets that had been somewhat insulated from the affordability crisis.”
Insider: Rate Cuts A Must For Housing Supply (And They Can’t Come Soon Enough)
The data shows it is completely plausible — and possible — to serve tens of thousands of new housing units into the market in the coming months, just by lowering rates.
Renting
Quality Of Life Worse For Renters Over Homeowners, Data Suggests
Canadian renters are over 11 percentage points less likely to report “high overall life satisfaction,” according to new data from Statistics Canada.
Renting
Brampton To Resume Landlord Licensing Pilot In March Despite Public Outcry
City of Brampton staff have said that they intend to relaunch the hotly contested Residential Rental Licensing pilot program with new and clarified parameters next month.
Renting
Canada’s Priciest Rental Markets Continue To Soften In January
By contrast, rental market conditions continued to heat up nationally and in markets heralded for their affordability, according to new national data.
Renting
Feds Announce $99M In Supports For Low-Income Renters, $100M For Shelters
"We all know that housing is the central challenge in Canada right now," Freeland said on Tuesday. "It's a central challenge in people's lives, and this is especially true for Canadians who are struggling with the high cost of rent."
Renting
Rent Arrears Surge To 20% In Toronto: CMHC
A new report from CMHC shows that rental affordability was grim across the country, but grimmer still in Toronto.
Renting
GTA Rents See Smallest Annual Increase In Over Two Years
The average rent in the Greater Toronto Area still rose as 2023 drew to a close, but the increase was the smallest since prices began to rise in 2021.
Renting
Brampton Pauses Landlord Licensing Program Just Weeks After Its Launch
An update posted to the City of Brampton website says that the Residential Rental Licensing pilot program that went into effect on January 1 has been “paused temporarily.”
Renting
Pinemount Taps Into Guelph’s Purpose-Built Rental Market With Oakley Ridge
The project is one of Pinemount Developments’ latest, and will bring 110 new dedicated rental units to Guelph’s Old University neighbourhood.
Renting
Average GTA Rents See Largest Quarterly Decline Outside The Pandemic
According to new data from Urbanation, the average rent for a condo in the GTA fell 5.7% on a quarterly basis in Q4 2023
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