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Housing

As renters left downtown Toronto, prices in one Ontario city [Kitchener] surged

Toronto renters leaving the downtown core during the pandemic likely intensified rising rent prices in one Ontario city. A new report from Rentals.ca and Bullpen Research & Consulting found that rent prices in Kitchener jumped 14% year-over-year in 2020 to $1,632 and then went up another 15% in 2021 to $1,881 — a total increase […]

As renters left downtown Toronto, prices in one Ontario city [Kitchener] surged Read More »

Canada’s Biggest Cities Saw Fastest-Ever Exodus Of Residents, And It Began Before COVID-19

Canada’s two largest metro areas have recorded their largest-ever outflow of residents according to new data from Statistics Canada, as a growing number of residents headed for the suburbs or nearby smaller cities. The Toronto metropolitan area saw a net loss of 50,375 residents to other parts of Ontario between July 2019 and July 2020,

Canada’s Biggest Cities Saw Fastest-Ever Exodus Of Residents, And It Began Before COVID-19 Read More »