Toronto rent prices continued their months-long climb in July, now sitting $525 above where they were at the same time last year. A new report from TorontoRentals.com and Bullpen Research & Consulting found that Toronto’s average rent price jumped a whopping 6.2% from June to July, to its new average of $2,667

Most of Canada couldn’t buy a home even if they wanted to. National Bank of Canada (NBF) is once again sounding the alarm on housing affordability. A typical home required nearly two-thirds of a household’s income just to service the mortgage payments in Q2 2022. The quarter saw the fastest erosion of

Rental markets are heating up all across Canada, and with that comes a rise in rental scams looking to prey on desperate would-be tenants. According to a new report from Vancouver-based rental platform liv.rent, Canada is facing an unprecedented number of rental scams. Compared to June of last year, rental activity

If you’re on the hunt for a rental in one of Canada’s biggest cities, continue to brace yourself for lofty prices and tight competition.  According to a new National Rent Report by Rentals.ca and Bullpen Research & Consulting, the average rent across all property types in Canada was $1,934 in July, up 10.4% since last

Canada’s central bank found housing affordability eroded further in the first quarter. The Bank of Canada (BoC) Housing Affordability Index (HAI) showed a sharp jump in Q1 2022. Affordability is now the worst in 3 decades, with the most recent erosion due to rising financing costs. However, this is likely to be