While the cost of renting an apartment, condo or house depends on a number of factors – including; size (number of bedrooms), neighbourhood and location, and the age and condition of the property – among other factors, Canada’s leading apartment finder and real estate marketing website, RentSeeker.ca published it’s updated average cost of renting across Ontario for renters and landlords to be able to use as a resource for reference.
December 17th 2015 – RentSeeker.ca – Canada’s Leading Apartment Finder and Real Estate Listing Website, today published it’s Fall – 2015 [INFOGRAPHIC] showing: Average Rental Costs of Apartments across Canada.
With housing prices out of reach for many Torontonians and the surrounding Greater Toronto Area (GTA), RentSeeker.ca, one of Canada’s largest and most visited online apartment finders, published new data showing the average rent costs for apartments for rent in Toronto and the surrounding Greater Toronto Area (GTA).
Canada Mortgage and Housing Corporation (CMHC) released some preliminary data this week on the Canadian Rental Market, offering some great insight and information for renters searching for a new apartment across the country.
With the Canadian and U.S. economies showing strength in many sectors across the economy, the housing and rental markets has once again come to the forefront of the discussion in both the U.S. and Canada.
Canada Mortgage and Housing Corporation (CMHC) released updated results recently from its House Price Analysis and Assessment (HPAA) framework, which is designed to detect the presence of problematic conditions in Canadian housing markets.
CANADA MORTGAGE AND HOUSING CORPORATION recently announced that “Effective September 28, 2015, revisions to homeowner policies in the areas of down payment assistance, market value requirements, share of equity appreciation and monthly subsidy assistance will be made to align CMHC’s policies with the evolving financing needs of the affordable housing marketplace.”
This means that CMHC will now consider up to 100% of gross rental income from a 2-unit owner-occupied property that is the subject of a loan application submitted for insurance.
With the real estate market in Canada booming and the Bank of Canada’s recent cut in interest rates, the Canadian housing market looks like it might continue to surpass current levels – contrary to the many critics who have been expecting to see a downturn or even what some are expecting to be a “crash” in the housing market for a while now.
The adage when it comes to renting an apartment is that, these days, $1,000 certainly won’t get you very much. However, we’ve discovered that that is simply not the case. That is, if you’re willing to live outside of the downtown core of some of Canada’s most populous cities. … The Thousand Dollar Question – What Can You Rent for Under a $1,000 in Canada?
With much of the talk today around Canada’s seemingly never ending rising housing market and the ongoing discussion about the possibility of an overheated housing market, including the continued growth in condo development and the latest trend of condo developers converting what began as condo projects to new apartment rentals, our team here at RentSeeker.ca decided to see just how many apartment units there are in some cities across Canada in what we present as “A Snapshot of Canada’s Apartment Landscape” INFOGRAPH. … A Snapshot of Canada’s Rental Unit Landscape