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14
May 13
Toronto real estate: Condo rents hit record high as would-be homebuyers stay on sidelines
By: Susan Pigg Business Reporter, Published on Tue May 14 2013 Would-be first-time homebuyers are fuelling such unprecedented demand for rental condos across the GTA, they’ve helped push average rents to a record $1,856 per month, says a new report by condo research firm Urbanation.Since mortgage lending rules were tightened last July, pushing many first-time… View Blog Post
19
Aug 13
Toronto condos luring more renters, driving up rents
TARA PERKINS – REAL ESTATE REPORTERThe Globe and MailPublished Monday, Aug. 19 2013, 6:00 AM EDTLast updated Monday, Aug. 19 2013, 6:06 AM EDT An increasing proportion of people are choosing to rent condos in Toronto rather than buy them, driving up rents while sales slide and prices stall. But the large number of new… View Blog Post