Montreal rentals – The average asking rent for all Canadian properties in January was $1,714 per month down 8.7 per cent year over year. This decline is slightly worse than the average decline in the second half of 2020 of 8.5 per cent, according to Rentals.ca’s and Bullpen Research & Consulting’s latest National Rent Report….
Montreal used to be well known for having enough housing options with reasonably priced rents to choose from, but all that has changed. By 2018, the vacancy rate dropped to a record low of 1.9% and now it has plummeted even further. The city is facing its lowest vacancy rates in 15 years, with rates…
It is not easy to find housing in Montreal, where the vacancy rate has reached its lowest level in several years. The situation has turned the search for an apartment into a mad rush. It even threatens the city’s reputation for affordable rents, according to tenants’ rights advocates. What Airbnb’s got to do with it?…
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