Propertyduke Property Management
NEWS & ARTICLES
The Problem In The Rental Market That Nobody Will Talk About
The problem is that rental housing in Toronto is expensive. There. I’ve answered the difficult question. Can we leave now, or do I need to write another 3,000 words? Well, the problem at the very least stems from the fact that housing in Toronto is expensive, as pretty much every problem in our housing market does.
GTA Rental Market Report 2024: What You Need to Know
Understanding the dynamics of the GTA rental market in 2024 is crucial for anyone looking to rent or invest in this vibrant region. The rental landscape has undergone significant changes, influenced by factors such as population growth, economic conditions, and housing policies. The TRREB Rental Market Report serves as a valuable resource for gaining insights into these shifts. This comprehensive report highlights key trends and statistics that define the current state of the GTA rental..
Rental Market Report- TRREB Releases 2024 Q3 Rental Market Statistics
Strong population growth in the Greater Toronto Area (GTA) continue to drive marked year-over-year growth in condo rental transactions reported through TRREB’s MLS® System in the third quarter of 2024. Over the same period, the number of condo apartments listed for rent increased by a greater rate than transactions, providing more choice for renters and a dip in average rents.Many newcomers to the GTA initially choose to rent a home. Given the record pace of immigration