7/17/2023 | Posted in Rental Market by Terra Realty
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Average rent prices hit a record high in June, driven higher by strong population growth and continued demand outpacing new supply. ... More

Real Estate & Mortgage News

  2/18/2020 | Posted in Rental Market by Terra Realty
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Canadian renters are facing larger monthly payments in many markets according to a new report. ... More

Real Estate & Mortgage News

  2/13/2020 | Posted in Rental Market by Terra Realty
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More

Real Estate & Mortgage News

  10/3/2019 | Posted in Rental Market by Terra Realty
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s MLS® ... More

Real Estate & Mortgage News

  8/17/2019 | Posted in GTA Real Estate by Terra Realty
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Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019. ... More

Real Estate & Mortgage News

  6/28/2019 | Posted in Rental Market by Terra Realty
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The average monthly rental rate in Canada increased by four per cent in May following two months of declines, but demand for apartments is expected to remain strong according to a ... More

Real Estate & Mortgage News

  2/6/2019 | Posted in Toronto News by Terra Realty
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The Greater Toronto Area’s tech sector, the fastest growing in North America, expected to attract young professionals in greater numbers this year. ... More

Real Estate & Mortgage News

  11/28/2018 | Posted in Rental Market by Terra Realty
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Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units. ... More

Real Estate & Mortgage News

  5/17/2018 | Posted in Rental Market by Terra Realty
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The cost of renting an apartment is climbing rapidly in many of Canada's largest cities, led by Toronto and nearby places, new data shows. ... More

Real Estate & Mortgage News

  1/17/2018 | Posted in GTA Real Estate by Terra Realty
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Suburban allure has largely become a thing of the past, but in the Greater Toronto Area - where the cost of housing grows astronomically by the month - the outskirts are becoming ... More

Real Estate & Mortgage News

  10/13/2017 | Posted in Rental Market by Terra Realty
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Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ... More

Real Estate & Mortgage News

  9/1/2017 | Posted in Ontario Real Estate by Terra Realty
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Ontario tenants will have additional protection from eviction starting Friday, September 1, 2017; when a landlord ends a tenancy to have family members move in, people evicted ... More

Real Estate & Mortgage News

  8/6/2017 | Posted in Home Owners by Terra Realty
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A rental suite is a great way to help homeowners meet their mortgage payments at a time when home prices are creeping ever upward in some parts of Canada. ... More

Real Estate & Mortgage News

  1/25/2017 | Posted in Real Estate Investments by Terra Realty
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Homeowners could recoup the purchase price of their homes faster through short-term rentals such as Airbnb compared to a long-term rental strategy. ... More

Real Estate & Mortgage News

  1/17/2017 | Posted in Rental Market by Terra Realty
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Those hoping to become first-time buyers in the Greater Toronto Area are under increasing pressure as soaring rents make saving for a downpayment tougher. ... More

Real Estate & Mortgage News

  10/17/2016 | Posted in Rental Market by Terra Realty
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Toronto’s rental market is the hottest it has been in years, with bidding wars breaking out and rents soaring, according to a new study that predicts Ottawa’s new ... More

Real Estate & Mortgage News

  10/17/2016 | Posted in Rental Market by Terra Realty
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Airbnb Canada's public policy manager Alexandra Dagg told Metro Morning that she'd like to see the city of Toronto create regulations that target "professional" ... More

Real Estate & Mortgage News

  10/15/2016 | Posted in Real Estate Market by Terra Realty
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For many young professionals chasing the dream of home ownership, "I'll be renting forever" is a common lament as real estate prices in ... More

Real Estate & Mortgage News

  10/8/2016 | Posted in Home Owners by Terra Realty
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Earlier this week, Finance Minister Bill Morneau introduced tax changes that were aimed primarily at foreign investors in Canadian real estate to ensure they abide by our existing ... More

Real Estate & Mortgage News

  9/28/2016 | Posted in Real Estate Market by Terra Realty
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The real estate world is a scary place for first-time homebuyers. Rent or buy? City or suburbs? Can we even afford anything in this market? ... More

Real Estate & Mortgage News

  9/13/2016 | Posted in Home Owners by Terra Realty
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A room’s size is sometimes a matter of perception, and the paint color on the walls has a lot to with that perception. Some colors can actually make a room appear smaller, ... More

Real Estate & Mortgage News

  9/2/2016 | Posted in Real Estate Market by Terra Realty
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Renting as the primary mode of residence among Canada’s young adults is projected to become more and more common in the coming years, with purpose-build rental stock ... More

Real Estate & Mortgage News

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