Rents Rise 11% as Income Required to Qualify for Average Priced Condo Reaches $100,000
TORONTO – April 11, 2018: Urbanation Inc., the leading source of information and analysis on the Toronto condominium market since 1981, released its Q1-2018 rental market results today.
Highlights of the release include:
Written for Builder Bites Newsletter published by Homes Publishing Group
Thanks to a resilient local economy and stable Canadian banking sector, in the years that followed the 2009 financial crisis Toronto began leading annual lists of most high-rise projects under construction in North America. While New York has caught up in recent years, Toronto is poised to soon regain its top position.