Tag: London rents
London rents rise at slower pace amid cap on foreign students
A move by Ottawa to cap international student permits appears to be bringing some relief to renters in college towns across Ontario, though the effect isn’t being felt as strongly in London yet, new figures suggest. Average asking rents across Canada grew in September by an annual rate of 2.1 per cent to $2,193 a […]
ANALYSIS: Why mortgage changes won’t loosen London’s tight rental market
The federal government’s move to allow first-time homebuyers to extend mortgages to 30 years is unlikely to filter down much relief for London renters fighting a tight vacancy rate and rising prices, industry watchers say.
Rent increases are slowing across Canada – and especially in London
Rents in London grew at a slower pace in July than they did across the country, which in turn posted its slowest growth in more than two years, the latest snapshot of the Canadian rental market shows. The average asking rent for all types of properties in the country was $2,201 in July, a year-over-year […]