Tag: Urbanation

Greater Toronto Rental Vacancy Rate Soars 30% Higher, Prices Barely Move

May 1, 2024

Greater Toronto’s Great Supply Shortage may be coming to an end, but the narrative is alive and well. Data from developer consulting firm Urbanation shows new purpose-built rental vacancy rates across the Greater Toronto-Hamilton Area (GTHA) have climbed significantly as of Q1 2024. The share of available units is now much higher than pre-2019 rates, […]

Canada

Urbanation: Toronto Rental Price Growth To Cut In Half As New Supply Hits In 2019

January 14, 2019

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 […]