High and Low: The Soaring Demand and Limited Supply of Toronto’s Purpose-Built Multifamily Market

  Introduction The Toronto housing market stands at the intersection of housing affordability and availability, with asking rents trending higher amid wages that struggle to keep up. While average rental rates for private condominiums (condos) have outpaced increases in wages, so too have rates for purpose-built rentals. Exacerbating the issue further, developers are economically incentivized Continue reading High and Low: The Soaring Demand and Limited Supply of Toronto’s
Purpose-Built Multifamily Market

Rental and Ownership in Toronto’s Downtown Core

It has been a huge year for Toronto’s condo market, with significant growth in Q3 2017 in overall inventory as well as costs. In this commentary, DBRS examines the condo scene in Toronto and concludes that condo ownership will remain unattainable for most Canadians because of the lack of supply, which is driving up costs, Continue reading Rental and Ownership in Toronto’s Downtown Core