by REM Editorial Team | Feb 8, 2024 | News
Canada’s primary rental market faced significant challenges in 2023, as robust rental demand continued to outstrip the available supply. This has led to diminished affordability and a historic low in vacancy rates, as the latest Rental Market Report (RMR) by...
by Mario Toneguzzi | Sep 19, 2023 | News
Just days after Canada Mortgage and Housing Corporation warned of a dire housing shortage, the Canadian federal government announced it would remove the Goods and Services Tax (GST) on the construction of new apartment buildings for renters. To build more rental...
by Emma Caplan-Fisher | Jun 28, 2023 | News
The rental market sure is having a moment. Since the Bank of Canada’s interest rate hikes began last year, many prospective homebuyers have opted to rent instead. This demand boost, paired with constrained rental supply and already low vacancy rates, has created...
by REM Editorial Team | Jun 13, 2023 | News
Canada’s rental market experienced a slower annual increase in May, according to the latest National Rent Report by Rentals.ca and Urbanation. While average asking rents rose by 6.5 per cent year-over-year, it was the lowest percentage increase since December...
