A detailed market report highlighting softening rent growth alongside a hot sales market.
Just as the home sales and rental markets started to adjust to the Bank of Canada’s June interest rate cut, the BoC did it again.
February was another month of robust demand for rentals, outpacing construction efforts as property managers keep coming out on top.
Jitters over the economy have put buyers, sellers, landlords, and tenants in a holding pattern. Even as sales and rent prices soften, few are making big moves.
Mark Carney and the Liberal Party have won Canada’s federal election. A recent survey shows renters played a key role in their victory.
According to recent census data released by Statistics Canada, the number of households composed of two or more unrelated persons leapt 54% from 2001 to 2021.
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