Rental Affordability

• Moncton’s rental affordability has seen steepest decline in Canada: study

  The study compared the average salary with the average price of a one-bedroom apartment between 2018 and 2022.

  Economy

  Sep 30, 2023
  
• Analysts say interest rate hike should push rent growth in Canada’s large cities, Hamilton

  The one per cent bump in Canada's interest rate and continued cooling of the country's housing market means rents across the country and in Hamilton will keep rising.

  Money

  Jul 14, 2022
  
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• Inflation, interest rates may shift homeowners to rentals in Canada’s large cities, Hamilton: analysts

  Rising interest rates and inflation may be cooling Canada’s housing market but appear to be driving up rents across the country and in Hamilton.

  Money

  May 26, 2022
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• Analysts say interest rates could ‘push more demand’ for rentals in Canada’s large cities, Hamilton

  Rising interest rates starting a potential cooling of Canada’s hot housing market could bump rents across the country and Hamilton in 2022

  Money

  Apr 21, 2022
• Analysts suggest decline of pandemic will boost rents in Canada’s largest cities, including Hamilton

  Both Rentals.ca and Zumper.com, which aggregate data from vacant units, anticipate average rents will stabilize in 2022 but move upwards.

  Money

  Mar 16, 2022
• Rent in Hamilton higher for those looking versus someone already renting: report

  A CMHC analyst says Ontario's rent freeze legislation was kind to existing renters but generally did little for those who needed a new place.

  Economy

  Feb 18, 2022
• Average rents up 3% across Canada in 2021, CMHC says

  National rental prices were up three per cent year-over-year in 2021, according to CMHC, with affordability eroding fastest in Vancouver and Toronto.

  Money

  Feb 18, 2022
• Housing: Is $1,780 affordable rent for Kelowna’s middle class?

  New tenants are moving into a recently opened 80 unit apartment complex in downtown Kelowna.

  Sep 24, 2020
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• New record: $2,090 a month is average cost of one-bedroom rental in Vancouver

  In July, the average price of rent for a one-bedroom apartment in Vancouver hit $2,090 a month; which is the first time this type of property has cracked the $2,000 mark.

  Jul 19, 2017