rental market
Canadian Apartment Magazine
Finding an Apartment Just Got Easier
RentSeeker.ca continues to lead the market as one of Canada’s largest, most visited, and most trusted apartment finders.
Canadian Apartment Magazine
Rental prices leveling out in major European cities
After continuous, and sometimes steep, increases in rent in major European cities over the past few years, prices seem to have plateaued and are leveling out this quarter, according to a new report from HousingAnywhere.
Canadian Apartment Magazine
Average rents decline slightly in March
Overall, average rents in Canada declined slightly in March after three straight months of increasing rental rates, according to the April national rent report produced by Rentals.ca and Bullpen Research & Consulting.
Canadian Apartment Magazine
Rental supply shortages fuel demand
According to CMHC's 2017 Rental Market Survey, the average vacancy rate for purpose-built rental apartment units across Canada decreased from 3.7 per cent in October 2016 to 3.0 per cent in October 2017.
CondoBusiness
GTA condo markets tighten in Q4
Condominium apartment sales in the GTA climbed 22.3 per cent year-over-year to 6,831 in Q4-2016, according to the Toronto Real Estate Board.
Canadian Apartment Magazine
Top rental trends of 2016
With over 395,000 live listings currently in its real estate channel—of which, over 83,000 listings are apartments and condos for rent—Kijiji’s rental listing data provides a great window into Canadian rental trends.
Canadian Apartment Magazine
Rental market demand propels sector growth
A new report from Urbanation suggests rental market demand is hot given both condo rentals and purpose-built construction starts saw record numbers in 2015.
REMI Network
Canada’s most expensive rental markets
Preliminary data from the CMHC’s Fall Rental Market Survey show that average monthly rents are still rising in Calgary and Edmonton despite fewer Canadians moving there.
Canadian Apartment Magazine
Economic downturn has rental repercussions
With low oil prices and slow housing starts predicted to take their toll on the economy, what effects will they have on Alberta's rental market? Amit Grover of Colliers, Edmonton, shares his insights.
Canadian Apartment Magazine
T.O. initiative to pave way for affordable housing
A new initiative designed to encourage the development of affordable housing was recently unveiled by Toronto Mayor John Tory. Known as the City of Toronto’s Open Door Initiative, the approach includes a four-piece plan to unlock opportunities on private, public and non-profit land, accelerate the planning-approval process, reduce construction costs through expanded City financial incentives, and challenge the government and developers to increase their affordable housing development efforts.
Canadian Apartment Magazine
Affordable seniors housing planned for Alberta
A 62-unit affordable seniors housing facility in Innisfail, Alta. will be demolished to make way for a new and improved building, slated for completion in 2018. The $17.6-million development, known as Autumn Glen Lodge, will contain 60 affordable units, 30 of which will be reserved for seniors.
Canadian Apartment Magazine
Vancouver to review Residential Tenancy Act
Gregor Robertson, Mayor of Vancouver, has asked the City’s Renters Advisory Committee to review the province’s Residential Tenancy Act in order evaluate what improvements would be favourable for renters. The recently established committee was developed to give renters, who comprise over half of Vancouver households, a voice at City Hall.
Canadian Apartment Magazine
Ottawa is Canada’s hottest rental market: Colliers
According to the 2014 Multi-Family Real Estate Report from Colliers International, the total number of sales transactions in Ottawa’s multi-family sector grew 61.54 per cent last year, making it one of the most attractive rental markets in Canada. At the same time, the total dollar value of multi-family asset transactions rose 33 per cent, year-over-year.
Canadian Apartment Magazine
Rental housing proposed for iconic Toronto site
Vancouver-based architect Gregory Henriquez recently unveiled his vision for Toronto’s iconic Honest Ed’s site at Bloor St. and Bathurst St., which includes plans for 1,000 purpose-built rental housing units. In partnership with developer Westbank Corp., Henriquez revealed the conceptual Bloor & Bathurst community proposal for 55 buildings with residential, retail and restaurant space at a community meeting on March 3.
Canadian Apartment Magazine
Tenant-landlord dispute resolution services grow
As of March 1, residents of southern Alberta will have access to the Residential Tenancy Dispute Resolution Service (RTDRS), a quasi-judicial tribunal created in 2006 to help landlords and tenants resolve disputes quickly and affordably.
Canadian Apartment Magazine
Online platform protects landlord, tenant rights
Launched in late October 2014, a new online platform seeks to ease the process of renting an apartment by protecting the rights of tenants and landlords and making rental information more accessible. Originally available exclusively in Waterloo, Ont., the map-based site, known as Apartmint, has recently expanded its services to Toronto and Windsor, Ont.
Canadian Apartment Magazine
Non-profit group develops student housing site
The Unité de travail pour l'implantation de logement étudiant (UTILE), a non-profit organization focused on student housing in Quebec, has launched a new trilingual website for students seeking housing information in Montréal. The site, Likehome.info, was developed after survey results from over 11,000 students revealed a need to improve the City’s ability to offer proper living conditions to students. Information is available in French, English and Mandarin.