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Cautious buyers will push Toronto rents up 11% in 2019

Cautious buyers will push Toronto rents up 11% in 2019

Canadian landlords will be increasing rents in 2019 as strong demand for rental housing continues amid high home prices and tighter mortgage lending rules. Average rents nationally will rise 6% but in Toronto they could be almost double that at 11% with Ottawa (9%) and Vancouver (7%) also set for large increases. The figures are […]

A Housing Market Analogy

A Housing Market Analogy

A Housing Market Analogy. In its first release since Ontario’s new housing plan, TREB releases Toronto market stats and provides update on influence of foreign buyers and short-term speculators. A total of 11,630 homes were sold in the GTA in April, down 3.2% year-over-year. New listings, meanwhile, were up 33.6%, according to the Toronto Real […]