Average cost of condominium rental apartment now approaching pre-pandemic peak, real estate board says

from the Toronto Region Real Estate Board suggests that the average monthly rent of a one-bedroom unit processed through its MLS system reached $2,145 in the first quarter of 2022, which equates to a year-over-year increase of 17.8 per cent.

“Over the past year, we have seen an upward trend in average condominium apartment rents. This rebound in the rental market took hold as population growth accelerated throughout last year.” TRREB’s Chief Market Analyst Jason Mercer said in a news release.

The latest data from TRREB shows that the vacancy rate in condominium apartments within the City of Toronto was only 1.9 per cent in the first quarter of 2022, pointing to an extremely low supply of available units.

Still Dirt cheap for city living ! Fuck em move it or loose it !

Trudeau lip-service has nothing done and it is 100% sure the coalition will be same. No hope ignites the revolution.

Nice!

New data from the Toronto Region Real Estate Board suggests that the average monthly rent of a one-bedroom unit processed through its MLS system reached $2,145 in the first quarter of 2022, which equates to a year-over-year increase of 17.8 per cent

You see JustinTrudeau fordnation brianlilley OntarioNDP NDP I've been on a waiting list for more than 8-10 Years for affordable housing. My partner died before we could find a apartment we could afford monthly payments. You all Failed Canadian on CPP Disability, and ODSP

huh?

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