Urbanation
Canadian Apartment Magazine
Average monthly rents top $2,000 in Canada
Average monthly rents have surpassed $2,000 in Canada with no signs of slowing according to latest National Rent Report from Rentals.ca and Urbanation.
Canadian Apartment Magazine
Annual rent increase more than doubles average wage increase
Annual average rent in Canada rose 11.8 % in October, which is more than double the average hourly wage increase of 5.6 %.
REMI Network
New condo sales in GTA drop 79%
New condo sales in the GTA declined 79 per cent from a year ago, according to the Q3-2022 condo market survey from Urbanation.
Canadian Apartment Magazine
GTA rents rise at fastest pace on record
GTA rents in Q2 2022 rose at their fastest pace on record, with smaller units experiencing the strongest growth rates since the pandemic.
Canadian Apartment Magazine
GTA rental construction surged in 2021
Despite the unprecedented challenges of 2021, the GTA rental market faired well by Q4 with rental construction increasing to a 30-year high.
REMI Network
GTA new condo sales reach record high for Q3
New condo sales in the GTA increased 22 per cent from Q3-2020 to Q3-2021, from 6,386 units to a total of 7,773 units.
Canadian Apartment Magazine
Toronto vacancy rate declines to 3% in Q3-2021
Urbanation’s latest survey of purpose-built rental buildings reports that the average Toronto vacancy rate has dropped from 5.1 per cent in Q2 to 3 per cent in Q3-2021.
CondoBusiness
GTA new condo market rebounds from COVID hit
The new condo market in the GTA has not only fully recovered from a pandemic slump, but reached record sales in the second quarter of 2021.
Canadian Apartment Magazine
GTA vacancy rate continues to climb
The GTA vacancy rate reached an all-time high in Q1-2021 according to a new survey by Urbanation looking at newer purpose-built rental apartments.
Canadian Apartment Magazine
Toronto vacancy rate reaches 50-year high
The latest Urbanation survey of purpose-built rental apartments in Toronto show the vacancy rate rose to a 50-year high of 5.7 per cent in Q4-2020.
Canadian Apartment Magazine
Downtown Toronto’s startling rise in vacancies
New data from Urbanation shows a sharp rise in vacancies in downtown Toronto's purpose-built apartments from 0.7 per cent in Q3-2019 to nearly 3 per cent today.
Canadian Apartment Magazine
GTA vacancy rate rises to 1.8 per cent
Urbanation is reporting a rise in the GTA vacancy rate from 1.1 per cent in Q1 to 1.8 per cent in Q2-2020, up considerably from the 0.9 per cent recorded a year ago.
Canadian Apartment Magazine
Canada’s rental market in a post-COVID-19 world
Uncertainty rules Canada’s rental market as the novel coronavirus continues to spread, forcing business closures and stay-at-home orders to persist beyond initial forecasts.
CondoBusiness
Toronto condo sales hit record high
A new reports shows new condo sales in the GTA reached their second-highest Q2 level on record behind the market peak in Q2-2017.
Canadian Apartment Magazine
GTA rental completions reach 25-year high
With 1,849 new rental units coming to market since January 2019, GTA rental completions have reached a 25-year high according to the latest data from Urbanation.
CondoBusiness
GTA condo rents post record increase in 2018
Condo rents in the GTA rose by an average of 9.3 per cent in 2018, surpassing the 8.3 per cent growth recorded in 2017, according to Urbanation Inc.
CondoBusiness
New GTA condo prices climb 11 per cent in Q3-2018
New condominium apartment sales in the GTA rose four per cent year-over-year to 4,738 units in Q3-2018, according to Urbanation’s Q3-2018 market results.
