CTV NEWS TORONTO
Published Feb. 14, 2024

Written by: Alex Arsenych
CTVNewsToronto.ca Journalist

Though Toronto still boasts the third-priciest rent in the country, the cost has slightly dwindled since January.

According to Rentals.ca’s national rental report for February, Toronto’s rental prices for a one-bedroom apartment dropped by 0.4 per cent to a monthly average of $2,511. However, rental prices increased by 2.2 per cent year-over-year.

Outside of Toronto, Richmond Hill, Etobicoke, Markham, North York, Mississauga and Vaughan are all among the top 10 costliest.

TORONTO STOREYS
PUBLISHED: March 20, 2024

Written by: Laura Hanrahan
Photo by: Shutterstock

With January's 2.9% inflation rate followed by February's promising 2.8%, it certainly seems like a promising downward trend has emerged, leaving Canadians eager for rate cuts.

THE GLOBE & MAIL
PUBLISHED: February 7, 2024

Written by: SHANE DINGMAN
Photo by Matthew Henry from Burst

TORONTO STOREYS
PUBLISHED: January 23, 2024

Written by: Zoe Demarco
Photo by Adrien Olichon from Burst

According to new data from Urbanation, the average rent for a condo in the GTA fell 5.7% on a quarterly basis in Q4 2023

A national, first-of-its-kind survey hones in on the lived experience of today’s tenants, and reveals that 46% rent by choice.

TORONTO STOREYS
PUBLISHED: September 13, 2023

Written by: Zakiya Kassam
Photo by: Photo by Expect Best from Pexels

Toronto Housing Chair Gord Perks says that policy alone won’t solve the city's housing challenges, and calls on the federal and provincial governments to “step up” and invest in housing.

TORONTO STOREYS
PUBLISHED: September 29, 2023

Written by: Zakiya Kassam
Photo by: Mitul Shah from Burst

For years, the real estate development industry has identified GST as a simple change that would go a long way towards helping rental development.

TORONTO STOREYS
PUBLISHED: September 14, 2023

Written by: Howard Chai
Photo by: Matthew Henry from Burst

An additional 8,000 units would have been added to the Toronto and Hamilton area's housing supply stock if not for affordability challenges brought on by sticky inflation and rate realities.

TORONTO STOREYS
PUBLISHED: September 6, 2023

Written by: Zakiya Kassam
Photo by: Tomáš Hustoles from Burst

Discounting prices, says a new report, is one way in which condo developers are attempting to entice purchasers to invest in their projects as affordability challenges rage on.

TORONTO STOREYS
PUBLISHED: August 4, 2023

Written by: Zakiya Kassam
Photo by: Thom Bradley from Burst

'A change in investor behaviour is on the horizon,' report says
The research from the Canadian Imperial Bank of Commerce and real estate research firm Urbanation found 48 per cent of leveraged condo investors who bought pre-construction units to rent out were cash flow positive in 2022. (CBC)

CBC
PUBLISHED: May 29, 2023

Written by: Tara Deschamps · The Canadian Press
Photo by: Mitul Shah from Burst