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 from the National Rent Report from Rentals.ca and CEO Matt Denison says...
Sales in the Toronto housing market have so far decreased in 2018, but some market watchers are optimistic that a spring recovery will take place. The most recent figures from the Toronto Real Estate Board look grim compared to the euphoria that pulled through the market in early 2017, says Cameron Forbes, general manager of ReMax Realtron Realty Inc. "We had an artificial market from January to January,...
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