Hamilton Rents
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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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Rents on new one-bedroom units for Hamilton up over 15% annually in JuneA Hamilton realtor suggest renters seeking a house could have more difficulty due to a trend in splitting houses into two levels to capitalize on the hot rental market.CanadaJun 15, 2023
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Landlords ask over $1,800 for one bedroom in Hamilton, up 18% annuallyRentals.ca says despite the bump in monthly rent costs for the Hammer last April, it's still a more affordable place to live than several other Ontario cities nearby.CanadaMay 16, 2023
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Hamilton’s rental vacancies to remain below historical averages as demand and supply grow: CMHCThe Canada Mortgage and Housing Corporation's spring housing market outlook anticipates average rents in Hamilton will grow faster than inflation and worsen affordability.CanadaApr 28, 2023
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Renters in Hamilton are facing the toughest market since 2002: CMHC reportThe vacancy rate for purpose-built rental apartments declined to 1.9 per cent last year — the lowest level since 2002, according to the Canada Mortgage and Housing Corp.CanadaJan 27, 2023
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Young renters face inequality, supply issues when seeking a place to live in Hamilton: reportA report compiled by Social Planning and Research Council of Hamilton (SPRC) says young renters are the group most impacted by accelerating rental prices in the city.CanadaNov 24, 2022
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Rent in Hamilton could be cheaper than a monthly mortgage payment amid interest rate hikes: reportAnalysts from Zoocasa say Bank of Canada interest hikes in recent months have been keeping monthly mortgage payments higher in some locales.EconomyOct 28, 2022
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Listings up hundreds of dollars year over year for Hamiltonians seeking rentalsRentals.ca is reporting Hamilton rental listings had double-digit per cent year-over-year increases as demand for living spaces continued amid recent interest hikes.CanadaSep 16, 2022
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Hamilton listings experienced double-digit per cent rent increases for 1, 2 bedrooms in July 2022A double digit per cent increase was also seen across Canada in the year over year average of all property types – up last month by over 10 per cent.CanadaAug 15, 2022
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Analysts say interest rate hike should push rent growth in Canada’s large cities, HamiltonThe 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.MoneyJul 14, 2022
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