Condo rents see biggest jump on record as Toronto’s housing squeeze spreads to high-rise
The average rent for a condo in downtown Toronto rose almost 12% to $2,134 a month in 2016 as supply of units shrank for the first time in five years. Research firm Urbanation Inc. says shrinking condominium inventory in the high-rise sector, driven partially by landlords selling to would-be homeowners, helped drive the highest annual […]