rental Archives - Mortgage Rates & Mortgage Broker News in Canada

Federal government promises $2.55B in low-cost loans to build Toronto rental homes

March 20, 2025 No Comments

The federal government is promising billions in low-cost financing to help build thousands of rental homes in Toronto, including more than a thousand affordable units.

Rental supply gains help cool pace of rent growth in 2024: CMHC

December 17, 2024 No Comments

The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year amid Canada’s largest gain of purpose-built rental supply in more than three decades.

More rental housing development needed despite recent rise: RBC economist

July 3, 2024 2 Comments

Even though rental housing construction in Canada has picked up significantly, more is needed to fill the demand backlog, according to a new RBC report.

A new report says the asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January. For rent and for sale signs are displayed on a house in a new housing development in Ottawa on Friday, Oct. 14, 2022. THE CANADIAN PRESS/Sean Kilpatrick April asking rent

April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

May 10, 2024 No Comments

Asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January.

Chrystia Freeland - Fall Economic Statement 2023

Overview of housing initiatives in the government’s Fall Economic Statement

November 21, 2023 No Comments

From a crackdown to short-term rentals to new housing supply incentives, the federal government made housing a key pillar of its Fall Economic Statement released today.

Rent prices hig three-year high in August 2022

Canadian rent prices reach a three-year high, up 17% from pandemic lows

September 19, 2022 No Comments

Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic levels.

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