Q1 Rentals in the GTA Reached a New Record Due to Pent-up Demand

Monday Apr 26th, 2021


Q1 RENTALS IN THE GTA REACHED A NEW RECORD DUE TO PENT-UP DEMAND. In the first quarter of 2021, average condominium apartmentrents were down on a year-over-year basis, continuing to reflect a supply imbalance in favour of renters. The number of condominium apartments listed for rent during Q1 2021 was up by78.8% compared to Q1 2020.

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