With Canada’s real estate market showing signs of stabilization in various cities, possibly and likely due to policy measures on housing by the Canadian government over the last few years, other cities like major cities; Vancouver and Toronto are still showing signs of increasing home prices for houses, condos and apartment rentals.
Looking to break into the Toronto real estate market, but seek more square footage than the typical condo provides? Given the average house price now tops $1.3 million in the city, according to the Toronto Real Estate Board, you better have a significant nest egg if you dream of detached living.
December 13th 2016 – News Release
Canada’s Largest Real Estate Search Website – RentSeeker.ca released it’s New Updated 2016 Annual Report today showing the;
Average Rent Costs and Vacancy Rates for Apartment Rentals in cities across Canada
September 14th 2016 – RentSeeker.ca – Canada’s Leading Real Estate Listing Website and Apartment Finder, published newly updated rental data in what’s become it’s highly popular [INFOGRAPHIC] format, which has become a popular resource for Renters, Landlords, Economists, and Journalists which shows Average Rent Prices for September 2016 with Data Provided for 20 Canadian Cities.
The term ‘affordable housing’ means very different things to different people. If you ask the average 30 something year old couple trying to find a house in downtown Toronto, affordable means anything under $1 000 000 as the average cost for a detached home hit $1.26 million this month. On the other end of the socio economic ladder, many Canadians are experiencing difficulties finding a place to live within their budget in neighbourhoods they have lived in for years, and the problem is only getting worse. … What Affordable Housing Means and Why It’s Important
We can reap some interesting insights when looking at the rental market from the macro level – such as the fact that a one-bedroom apartment is nearly 50 per cent more expensive to lease in Toronto versus Montreal or that it costs a mere $384 to rent a studio in Troi-Rivieres, Quebec; the “cheapest city to rent” a bachelor in Canada.
When it feels like the Canadian dollar is becoming more and more like monopoly money everyday, there is — at least — good news on the horizon for renters.
Vacancy rates are going up in many metropolitan centres across the country and rent prices are remaining stable or dropping.
Toronto is Ontario’s largest city. It’s a metropolis with incredible culture, a great nightlife, and tons of options for every renter. If you want to live in a diverse city that can offer shopping, entertainment, art hubs, and an urban lifestyle, Toronto is a fantastic bet. Here are some things to keep in mind before making the big move to T-Dot.
If you’ve lived in Toronto for years, you know how hard it is to imagine finding a home anywhere else in the country. TO’s the absolute heart of Canadian business and high powered economics, dynamic arts and cultural production, fine dining and nightlife, and exciting exhibitions, festivals, fairs, and concerts. As the world’s most multicultural metropolis (and North America’s fourth largest city), Toronto is also one of the safest, promising a home, career, and supportive community for just about anyone. And despite some cold winters and some lagging public transit solutions, it’s still one of the best places to invest in real estate, launch a career, go to school, or put down roots in the province. … RentSeeker Has The Skinny On The Hottest Neighbourhoods In Toronto!
GTA Realtors Report Monthly Resale Housing Figures
Greater Toronto Realtors reported 9,470 sales through the Multiple Listing Service® (MLS®) in May, representing a one per cent dip from May 2009. In comparison to previous years, this was the third highest May sales result on record.
… Toronto Real Estate Board