Demand for rentals in downtown Toronto soared in July, 2022, and will continue to accelerate in the short-term.

GTA rents continued to trend up in March 2022, with Bullpen Research & Consulting and TorontoRentals.com reporting an increase of 10 per cent versus a year ago. 

Residential rents for all Canadian properties listed on Rentals.ca in February averaged  $1,820 per month, an increase of 6.2 per cent since this time last year.

Average rental rates for all Canadian properties in December 2021 reached $1,789 per month — up 3.8 per cent from a year ago, according to the latest National Rent Report.

The rapidly declining GTA rental rates observed in 2020 and early 2021 appear to be levelling out, according to new data from Bullpen Research & Consulting and Rentals.ca.

New rental data for October 2020 shows that average rents are down in most large metros, particularly for smaller luxury units located in busy neighbourhhoods.

As August rents continued to decline in most Canadian markets, experts agree that the lower demand is a reflection of several COVID-related factors, including income loss.

As 2019 begins, Canadians continue to face a well-chronicled slate of challenges when it comes to finding affordable rental housing. Here, housing experts share their insights...and even a few solutions.