Thursday, April 12, 2018

Condo rents in Toronto jump 10.7% in Q1

TheBusinessTimes.com

THU, APR 12, 2018 - 5:50 AM


FINDING a condo to rent in Toronto is tough enough - paying for it has just got a lot harder.
Average monthly rents in Canada's biggest city surged 10.7 per cent in the first quarter from a year earlier to C$2,206 (S$2,290), according to Urbanation.
That's the second-biggest increase since the firm started tracking the data in 2010, surpassed only by the 11.5 per cent jump in the third quarter of last year.
For information on buying or selling a condo and the current condo market, contact us by email or call 416-322-8000.

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