The average property rental price in the Greater Toronto Area in May saw the largest single-month hike in the past three years, as potential homebuyers back away from rising interest rates, reducing rental supply, a recent report says. The report, co-authored by Bullpen Research & Consulting and TorontoRentals.com, shows the average monthly rental rate in the GTA…
Canada’s Housing Affordability Crisis: No Fix Without Increasing Rentals Supply, Says Economist
Housing market analysts have long pointed to a lack of supply as the key issue to resolve, and CIBC’s deputy chief economist Benjamin Tal says not enough attention is being placed on the rental market.
Illinois Landlord Gives House to Longtime Elderly Lady Tenant for the Second Year in a Row
It wasn’t last Christmas but the one the year before when Illinois resident Chad Baker, 45, gave a house to the woman who was renting from him. Just a few months ago, Baker was at it again. The home remodeler, from Decatur, has now given his second of two rental properties to his 84-year-old former…
Lower Rents Bring New Innovators to New York City
September 3, 2021
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By Rodolfo Delgado After a year of stress and quarantine, I decided to go to Madison Square Park, my favorite park in the city, and start writing this piece from a bench. New York is far from dead. In the background, jazz music is playing, and people are dancing in the park. People that come here…
How to Get the Most out of Your Rental Property Investments
By Sean Miller It might not seem like the perfect time to invest in rental property considering current real estate trends indicate we’re in a seller’s market, but now might very well be. According to HousingWire, property appreciation was double its already healthy rate in 2020, and there are plenty of indications that home values will continue to…
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