Young person looking to move to Toronto? Better line up a professional gig first, or expect to bunk up. Canadian Centre for Policy Alternatives (CCPA) crunched the numbers to find the wage needed to rent in Greater Toronto. Digging into the numbers, we can see how unsustainably high prices have become. The average one-bedroom is […]
Toronto is expecting a lot more real estate supply, and that’s going to be a drag on rental price growth. Urbanation, a leading research firm for developers, is forecasting a big drop in the rate of growth for apartment rental rates in 2019. The firm expects the rise in new apartments to trim growth in […]
Cooling Canadian real estate prices are dragging rental price growth. Numbers from the rental platform rentals.ca show 1 bedroom prices increased in markets with slower price gains last year. However, last year’s red hot real estate markets are experiencing slow to negative growth – especially around the Greater Toronto-Hamilton Area. Canada’s Most Expensive Rental Market […]
Looking for a new rental? Here’s what the average Toronto rental will cost, and how prices moved over the past year.