rental market Archives - Page 2 of 2 - Mortgage Rates & Mortgage Broker News in Canada

Rental supply gains help cool pace of rent growth in 2024: CMHC

December 17, 2024 No Comments

The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year amid Canada’s largest gain of purpose-built rental supply in more than three decades.

Rent inflation to slow in the next few years, Desjardins predicts

November 14, 2024 No Comments

The rate at which Canadian rental prices are increasing should slow in the coming years as the government’s plan to cut back immigration numbers takes hold, a new report from Desjardins says.

Mortgage rate war to intensify as lenders compete for renewal business, analyst says

November 14, 2024 No Comments

Former Scotiabank Mortgage head John Webster weighed in, noting that the big banks’ competitive pricing is unsustainable and unlikely to continue for long.

N.B. election: Tenants’ rights group presses parties to impose cap on rent increases

October 10, 2024 No Comments

With New Brunswick’s provincial election approaching, a housing advocacy group is calling on the next government to strengthen tenants’ rights, particularly through caps on rent increases.

Nova Scotia NDP accuse government of prioritizing landlord profits over renters

September 18, 2024 No Comments

Nova Scotia’s NDP are accusing the government of prioritizing landlords over residents who need an affordable place to live, as the opposition party tables a bill aimed at addressing the housing crisis.

Minister of Services Nova Scotia Colton LeBlanc

Despite outcry from opposition, N.S. Tories resist tenancy enforcement unit

September 12, 2024 No Comments

Nova Scotia’s opposition parties say they can’t understand why the government insists the province doesn’t need an enforcement unit to help settle disputes between landlords and tenants.

Rent increases in smaller markets outweigh declines in big cities in August: report

September 11, 2024 No Comments

A new report says August rental rates fell in some of Canada’s largest and priciest markets to continue a months-long trend, while prices rose in smaller markets.

N.S. rent cap extension futile due to ‘massive loophole’ in rental system: advocates

September 9, 2024 No Comments

A loophole in Nova Scotia’s rental housing rules is making the provincial government’s proposed rent cap extension essentially useless, housing advocates and opposition parties say.

Nova Scotia proposes two-year extension to five-per-cent rent cap until end of 2027

September 7, 2024 No Comments

The Nova Scotia government wants to extend its five per cent cap on rent increases another two years, but the province won’t create an enforcement unit to bolster its tenancy rules and regulations.

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