As Carla White looks out the window of her yellow-and-pink, plant-filled apartment in the heart of downtown Montreal, she wonders where she’s going to live next. “I look out there and say, where am I going now?” she says, gesturing at the highrises that tower above the building where she lives. The apartment is small…
Lone Tenant in a $400-a-Month Apartment Could Hold up Major Montreal Condo Project
Condo Rents in Greater Toronto Area Reach New High as Demand Outstrips Supply: New Report
Condo rents in the Greater Toronto Area have reached a record high as demand exceeded growth in supply for the fifth consecutive quarter, a new report by market research firm Urbanation Inc. finds. Released on July 19, the report found that the average condo rent in the GTA rose 5.9 percent in the second quarter…
Condo Rents in Greater Toronto Area Reach New High as Demand Outstrips Supply: Report
Condo rents in the Greater Toronto Area have reached a record high as demand exceeded growth in supply for the fifth consecutive quarter, a new report by market research firm Urbanation Inc. finds. Released on July 19, the report found that the average condo rent in the GTA rose 5.9 percent in the second quarter…
Rent Prices Finally Starting to Fall in American Cities: Analysts
The quick rise in U.S. rental prices over the past year is beginning to slip in several American cities during the peak summer season when rent prices are normally higher, according to Zumper’s National Rent Report for June. Median rent prices for one-bedroom apartments in the United States went up by 0.5 percent between May and…
Americans Priced Out as Rental Rates Spike
Rents across the United States have been increasing over the past several months, adding economic pressure on millions of households. In January 2022, rent for 0–2 bedroom properties rose by 19.8 percent year-on-year, according to a report published by Realtor on Feb. 22. This was the eighth straight month in which the rent for these…
California Rent Continues to Rise, Residents Express Worries
The average rent price in California has risen in the past year making California the most expensive state to live in, according to a study released last week from Apartment Guide, an apartment search engine. According to the report, the average rent for a one-bedroom apartment in the state jumped from $2,100 to $2,616—a 24…
NYC Most Expensive City to Rent 1-Bedroom, Beating San Francisco: Report
New York City is now the most expensive place in the country to rent a one-bedroom apartment, upsetting the primacy of San Francisco in this category, according to a report by renting portal Zumper. Median rent reached $2,810 in August for a 1-bedroom unit in New York City, up more than 4 percent from August…
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