Tag: Rental market
‘Bit of relief’ for London renters as city’s vacancy rate jumps: Analyst
A large number of new rental units hitting the local market has led to Londonâs vacancy rate jumping to one of its highest levels in a decade.
Owen Sound group makes recommendations to improve city rental stock
A local collaborative that has been studying Owen Sound’s rental housing landscape has released a series of recommendations aimed at addressing unhealthy living conditions and providing supports to ensure the existing rental stock in the city is habitable. The RentSafe Owen Sound Collaborative appeared before a city corporate service committee meeting on Nov. 14, where they […]
Tighter immigration seen as ‘golden opportunity’ to get ahead of housing crisis
A population decline is expected during the next two years, following cuts by Ottawa to its immigration target.
Slight decline in London average asking rents in October
The average asking rent for London apartments declined slightly in October, a new market snapshot shows
Affordable rents: Here’s what you need to make in London (a lot)
Londoners need to make $32 an hour if they want to keep their rent from chewing up more than 30 per cent of their income.
Short-term rentals invite guests to unwind and escape to Ontario’s West Coast
Becky Bosma owns and operates four properties near Blyth
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 […]
Tenant living ‘one day at a time’ as eviction deadline passes
Evicted from her apartment, Carol Rogers is glad to have found a new place to live, but fears other tenants who stayed past the eviction date in the building she used to live in could face homelessness. Ken Thompson, one of as many of five tenants still in their units at 435 Nelson St., shares […]
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.
London ‘renoviction’ bylaw approved but tenants unhappy: ‘Next to nothing’
London is set to become the second city in Ontario with a bylaw to protect tenants from bad faith “renovictions” â but it falls far short of what a tenants’ group demanded and won’t be in place for half a year. “I absolutely despise that I need to use this line, but the reality is […]