The Toronto and Greater Toronto Area (GTA) rental market is currently seeing a notable increase in vacancy rates, with several factors driving this trend. GTA Rental Market Update – Q4 2024 The Greater Toronto Area (GTA) rental market remained strong in Q4 2024, with rental demand continuing to rise. According to TRREB’s MLS® System, rentalContinue reading “Greater Toronto Area (GTA) rental market increase in vacancy rates”
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Major Federal Investment to Boost Toronto’s Rental Market
Big news for Toronto’s real estate market! The federal government has announced $2.55 billion in low-cost financing to accelerate the construction of 4,831 rental homes, including at least 1,075 affordable units. This investment, secured through the CMHC’s Apartment Construction Loan Program, is a game-changer for Toronto’s housing supply. Mayor Olivia Chow emphasized the importance ofContinue reading “Major Federal Investment to Boost Toronto’s Rental Market”
Richard Wang 