CMHC 2025 Mid-Year Rental Market Update – GTA Spotlight!
The real estate market is buzzing with insights from CMHC’s latest mid-year rental market update, offering a comprehensive look into how the GTA is evolving. Here’s what you need to know about homes and condos for rental, excluding purpose-built units.
Key Trends in the GTA Rental Market
- Rents Are Easing: Condo rents in the GTA have dropped 3.7% year-over-year, showing increased competition in the secondary market.
- Vacancy Rates Are Rising: Landlords are taking longer to fill units as tenant mobility slows, and inventory...