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Toronto Rental Market Report

2004 rental transactions up 14 per cent over 2003

The Toronto Real Estate Board's annual Rental Market Report for 2004 reveals a much more active market, with total transactions reaching 6,643 condominium apartments and townhouses leased, a 14 per cent increase over 2003. Rental prices, however, fell from last year, with the two bedroom apartments averaging $1,730 per month, a marginal decline over 2003's $1740, and two bedroom townhouses falling 10 per cent to $1,551 per month. See report details [PDF file].

January 28, 2005 in Watching the Market |

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