5 h. ago Average asking rents down annually for seventh straight month at $2,127: report

TORONTO — The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8 per cent. The latest data from Rentals.ca and Urbanation says despite asking rents remaining comparatively lower than 2024 so far this year, April saw a month-over-month increase of 0.4 per cent […]

Economics

20 h. ago Beloved Toronto coffee shop opens new location after over 20 years in business

A Toronto cafe that's been a neighbourhood stalwart for over 20 years is finally expanding, opening a brand new location in the city.Every neighbourhood has its institutions; those spots that have been there as long as you can remember and that you can't imagine ever closing down. Growing up in the Beaches, for me, that was The Goof (legal name: Garden Gate), but for Mimico, Birds and Beans Cafe fits the bill.Opening its doors in 2004, the cafe has been supplying the community with fair-trade, bird-friendly coffee and eco-friendly goods for the past 21 years out of their charming cafe just off Mimico Square.If you rarely venture deep into the west end of the city, you could go your whole life without knowing it was there, but you'd be worse off for it: the coffee is excellent, and the cafe itself looks and feels like something straight out of Gilmore Girls.As of last month, even more people in the city are getting the chance to experience the magic of Bird...

Economics

1 week ago Calgary sees some of largest declines in rent costs in Canada

In Calgary, the average rent in April for a one-bedroom suite was $1,650 a month, down nearly 10 per cent from a year ago.

Economics

1 week ago Rent prices in and around Toronto plummet for yet another month

Tenants in and around Toronto have been benefiting from lower housing costs so far this year as the city's real estate market endures the impacts of tough and uncertain economic times.Average rents across the GTA have plummeted to prices not seen in years, and the most recent figures from April show a continuation of the recent trend, with the price of a typical apartment in downtown Toronto, Etobicoke, Mississauga, North York and other areas falling further still.According to liv.rent, one of the platforms that collects such data nationwide each month, one-bedroom renters in the 6ix are now paying about $130 less for a home than they were this time last year, and $7 less than they were even last month, based on present rates.While Toronto remains generally known as one of the priciest places to live in Canada, it is not even listed in liv.rent's top five places in the country to rent right now, all of which are in ...

Economics

4 w. ago Canadian travel to U.S. dropped again in March amid Trump tariffs: StatCan

While Canadians' travel to the U.S. declined for a third straight month based on returns across the border, Statistics Canada data shows there's an increase in trips elsewhere.

Economics

4 w. ago Canadian travel to the U.S. dropped — again — in March, new data shows

While Canadians' travel to the U.S. declined for a third straight month based on returns across the border, Statistics Canada data shows there's an increase in trips elsewhere.

Other

4 w. ago London rents stable despite spike in rental activity: Report

Rents in London were virtually unchanged in March, a new snapshot of the rental market shows, despite an uptick in rental activity ahead of the summer moving season that pushed prices slightly higher nationwide.   Asking rents for one-bedroom units averaged $1,766 last month, same as in February and less than one per cent lower […]

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