Canada’s labor market is showing signs of cooling, and that is likely to affect the residential rental market.
Canada is now in a technical recession, but economists have cautioned against “putting too much weight on any one indicator.”
Toronto residents are increasingly prioritizing home security as concern around break-ins and home invasions grows across the city.
In a smaller market, attracting renters may come down to how creative and competitive you’re willing to be.
A silver tsunami won’t hit the rental market overnight, but it is coming, and property managers who prepare early will be better placed to meet it.
PayProp Insights Canada’s monthly rental market health check reveals continued slowing of rent growth as economic headwinds persist.