Landlords waiting longer for possessions as Renters’ Rights Bill approaches

Property Management Blog

Landlords waiting longer for possessions as Renters’ Rights Bill approaches

Bad news for landlords in the latest Ministry of Justice possession figures: the wait for repossessions through the Section 8 eviction process is now well over six months.

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A person looking at a graph on a laptop screen
November 12, 2024
|
South Africa
PayProp Insights South Africa

How you can stop a festive period arrears spike this year

New data shows that arrears are at a near-record low. How can rental agents stop them shooting back up over the Christmas period?

An aerial photo of Cape Town
November 12, 2024
|
South Africa
PayProp Insights South Africa

Are long-term tenants being priced out by Airbnbs?

A row has kicked off in South Africa over the impact of short-term rental properties on the residential rental sector.

Woman holds piggy bank and sign asking whether to buy or rent
November 11, 2024
|
Canada
PayProp Insights Canada

Market update November 2024: BoC rate cut affects renters above buyers

It seems Bank of Canada's fourth interest rate cut and the fall in inflation will hit the rental market harder than the sales market.

Roommates sitting around moving boxes
November 11, 2024
|
Canada
PayProp Insights Canada

Roommate rates and rent prices keep climbing

Non-traditional living arrangements are getting more popular as renters seek more affordable options.

Cheque from Government of Canada
November 11, 2024
|
Canada
PayProp Insights Canada

Ontario's $200 rebate – what it means for tenants

The Ontario government is set to give $200 in cost-of-living relief to every taxpayer in the province, which includes your tenants.

Student visa checked "approved"
November 11, 2024
|
Canada
PayProp Insights Canada

International student enrolment drops, as does rent

Industry experts once pinned Ontario's slow rent growth on housing supply, but falling student demand may be the real driving force.

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