REMI

The Rental Market

student housing

Average asking rents reach record high in 2023

Average asking rents for all property types in Canada increased by 9 per cent in 2023, reaching a record-high $2,178 in December
rent growth

New Rental Market Industry Index coming soon

Rentals.ca has partnered with Statistics Canada to create the Rental Market Industry Index, a new data-based resource for landlords, renters and policymakers.
fall economic statement

The road to more rental housing

Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.
rent growth

New data indicates rent growth may be slowing

While most major cities across Canada experienced rent growth in September, there are indications the market may be slowing.
GST rental rebate

Canada’s Enhanced GST Rental Rebate program

The Canadian government announced it is removing the Goods and Services Tax (GST) on future purpose-built rental projects via the "Enhanced GST Rental Rebate" program.
student housing

Canada’s student housing pipeline

With skyrocketing rents and demand outstripping supply, the inability for many to find suitable, affordable student housing has dominated recent headlines.
rent growth

Rent growth shows no signs of abating

Rent growth continues to accelerate in Canada’s apartment market as the economy outperforms expectations and demand exceeds new supply.
Multifamily asset values hold steady

Multifamily asset values hold steady

Multifamily asset values appear to be holding steady, but transaction volume plummeted in the first quarter of 2023.
Scarborough Village

Gateway to Scarborough Village

The aging plaza at 3730 Kingston Rd. in south Scarborough is poised to become a vibrant, mixed-use community hub, pending approval from Toronto City Council.
Yardi multifamily report

Canada’s sizzling hot apartment market

Apartment owners in Canada are reaping the rewards of a favourable supply-demand equation, according to Yardi's Q2-2023 multifamily report.

Social and affordable housing in Canada

With the national vacancy rate hovering at 2.5 percent, bringing more social and affordable rental housing to market is on every government's agenda.
Frequent Builder Framework

B.C. Budget 2023 takes action on housing issues

B.C. Budget 2023 promises to invest in new purpose-built rental housing with measures intended to stimulate construction and provide support for renters in need.
rent growth

Surging demand leads to tightening of rental market

Despite an increase in rental supply, surging demand pushed Canada's vacancy rate for purpose-built rental apartments down to 1.9 per cent in 2022, according to new data from CMHC.
multi-unit housing starts

Multi-unit projects drive 2022 housing starts

In Toronto, Montreal and Vancouver, multi-unit construction drove the year's housing starts, with rental apartments and condominiums accounting for the majority of 2022 housing projects.
For Affordable

Working together for affordable housing

On a mission to provide clarity and solutions to Canada's affordable housing crisis, five large residential REITs launched ForAffordable.ca.
building conversions

From office to residential

Office-to-residential building conversions have been gaining momentum in some Canadian cities, but how viable are they as a long-term housing solution?
Toronto

Solving Toronto’s housing supply issues

As the election nears, four Toronto mayoral candidates shed light on the policies they believe will help solve the city's housing supply and affordabiity issues.