Average Rent In GTA Hits New High of $3,000

The rental market in the Greater Toronto Area (GTA) continues to surge as average rents for purpose-built rental buildings completed since 2005 reached a new high of $3,002 in Q1-2023, according to a new report by Urbanation.  The annual rent growth for purpose-built rentals in Q1-2023 slowed at 13.8%, compared with the 15.1% recorded in … Continue reading Average Rent In GTA Hits New High of $3,000