Condo rents reach record high in Toronto despite weakening housing market

  • 📰 CTVToronto
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 84%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

The Toronto Region Real Estate Board says that the average rent charged for one-bedroom and two-bedroom condominiums has reached a record high.

The rental market, however, is showing no signs of slowing down.

The latest data from TRREB suggests that rental listings were down 30 per cent year-over-year in the second quarter, resulting in a significant increase in competition for some units.The vacancy rate for condominium apartments in the GTA also remains extraordinarily low. In Toronto about 1.9 per cent of apartments are vacant while the vacancy rate in other GTA communities ranges from 0.3 to 0.9 per cent.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 9. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Increased mortgage rates, condo fees and taxes. nobrainer

Lol thanks for stating the obvious, tell us the plan to fix it!

oh, we know!

Österreich Neuesten Nachrichten, Österreich Schlagzeilen