Toronto Rental Market Report first Quarter 2018 -Above Inflation Rent Increases Continue in Q1 2018

Wednesday May 30th, 2018


Above-Inflation Rent Increases Continue in Q1 2018 TORONTO, ONTARIO, April 16, 2018 Toronto Real Estate Board President Tim Syrianos announced that average rents for one-bedroom and two-bedroom condominium apartment rental units were up well above the rate of inflation on a year-over-year basis in the first quarter of 2018. The average rent for one-bedroom condominium apartments in the TREB market area was up 11.4 per cent on an annual basis to $1,995. The average two-bedroom condominium... [read more]