Rents paid by new renters in Toronto and Vancouver are on average $500 above rents for units occupied for more than a year. Read on.
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In Calgary and Edmonton, where rental increases are not subject to regulatory guidelines, the average rent gap is considerably narrower, at $50. This finding suggests that a more flexible The average price of newly rented units is one of two new indicators the CMHC is using to understand housing scarcity. The other tracks the share of a market’s unit that individuals in the lowest income quintile can afford.
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New renters paying an extra $500 a month in Toronto, Vancouver: CMHCRents paid by new renters in Toronto and Vancouver are on average $500 above rents for units occupied for more than a year. Read on.
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New renters paying an extra $500 a month in Toronto, Vancouver: CMHCRents paid by new renters in Toronto and Vancouver are on average $500 above rents for units occupied for more than a year. Read on.
Lire la suite »
New renters paying an extra $500 a month in Toronto, Vancouver: CMHCRents paid by new renters in Toronto and Vancouver are on average $500 above rents for units occupied for more than a year. Read on.
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New renters paying an extra $500 a month in Toronto, Vancouver: CMHCThe report found the rental gap is especially prominent in cities where vacancy is already low and rent hikes are regulated by guidelines
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Vancouver And Toronto Are Never Going To Be “Affordable,” So Now What?Despite “a significant price correction”, affordability remains elusive — especially in Toronto’s biggest cities. GoldinYVR | realestate realestatenews Toronto Vancouver housingmarket
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