TORONTO, July 26, 2024 (GLOBE NEWSWIRE) — Condominium apartment rentals were up substantially in Q2 2024 compared to Q2 2023. However, over the same period, condo rental listings were up by an even greater annual rate. This meant that while dem
“Record population growth kept the demand for condo rental apartments high in the second quarter. The affordability challenges associated with high mortgage payments for ownership housing also continued to be a driver of rental demand, especially given that we have seen some relief in rents over the past year,” said the Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce. Read More
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