Tag: GTA

GTA Average Rent Reaches Record High of Over $3,000 in First Quarter of 2023

April 27, 2023
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The rental market in Toronto has hit a record high, with the average rent for purpose-built rental buildings soaring to over $3,000 in the first quarter, the latest data shows. According to the latest figures released by Urbanation, the average monthly rent for purpose-built rentals in the Greater Toronto Area (GTA) reached a record high of…

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Condo Rents in Greater Toronto Area Reach New High as Demand Outstrips Supply: New Report

July 20, 2022
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Condo rents in the Greater Toronto Area have reached a record high as demand exceeded growth in supply for the fifth consecutive quarter, a new report by market research firm Urbanation Inc. finds. Released on July 19, the report found that the average condo rent in the GTA rose 5.9 percent in the second quarter…

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Condo Rents in Greater Toronto Area Reach New High as Demand Outstrips Supply: Report

July 20, 2022
CanadaCondoGTArent pricesrental unitsWorld
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Condo rents in the Greater Toronto Area have reached a record high as demand exceeded growth in supply for the fifth consecutive quarter, a new report by market research firm Urbanation Inc. finds. Released on July 19, the report found that the average condo rent in the GTA rose 5.9 percent in the second quarter…

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