Rental Market
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Canada’s next wealth divide? It’s renters versus homeowners, RBC saysHousing unaffordability in Canada is exacerbating wealth divides between renters and homeowners in the country, according to an RBC analysis.MoneyMar 14
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Canada’s average asking rent jumped to almost $2,200 in FebruaryThe report says asking rents in Canada have increased overall by a total of 21 per cent, or an average of $384 per month, from two years ago.CanadaMar 11
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Kelowna renters face rising costs: CMHCKelowna's tight rental market has seen incremental improvement in the past year, though there's been no relief for pocketbooks.CanadaFeb 27
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Renters more likely to experience financial distress, loneliness: StatCanAccording to a StatCan report released on Monday, renters were at least 15 percentage points more likely than homeowners to report difficulty in meeting their financial needs.CanadaFeb 19
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Canada’s rental vacancy is lowest in decades as supply lags demandThe report, released Wednesday, found the vacancy rate now sitting at 1.5 per cent, the lowest recorded rate since 1988 when the CMHC began recording a national vacancy rate.CanadaJan 31
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Envision Saint John proposes culture change for density to help housing crisisEnvision Saint John says there must be a culture change about density as the province and region looks to increase housing development amid growth.EconomyOct 5, 2023
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Moncton’s rental affordability has seen steepest decline in Canada: studyThe study compared the average salary with the average price of a one-bedroom apartment between 2018 and 2022.EconomySep 30, 2023
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Rental search in hot market causing stress for many: ‘There’s just not enough’Giacomo Ladas, communications director for Rentals.ca, says the difficulties in the current rental market across the country aren't likely to ease up soon.CanadaSep 24, 2023
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Removing GST on construction may be ‘game changer’ amid soaring rents, says Hamilton advisorThe removal of GST on rental builds could be a welcome step as two agencies reported average rents across Canada hit record highs in August.CanadaSep 16, 2023
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TikTok showing $2K/200-sq. ft. rental meant to show ‘crazy’ Vancouver market, creator says“I wanted to kind of show what the rental market has come to in Vancouver in a way that would catch people’s attention,” Kristin Gill told Global News.CanadaAug 23, 2023
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