Brace For It! Toronto Rents Rising Faster Than Condo Prices
Tuesday Apr 19th, 2016
ShareBRACE FOR IT! TORONTO RENTS RISING FASTER THAN CONDO PRICES Would-be homebuyers who have already been priced out of the Greater Toronto Area's white-hot real estate market may be feeling the pinch when apartment hunting, too, a new report suggests. Increasing home prices are feeding demand for condo rentals as some put their ownership aspirations on hold, and this is driving rents up, according to Urbanation's first quarter 2016 rental market report. "The rental... [read more]
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