Tag Archive for Tag: economic sense

Tag: economic sense Condo rents decrease in Toronto downtown, Apartment vacancy rate goes up

    The number of newer rental apartments in the GTA that are empty and ready for new tenants is at its highest level since a leading real-estate consulting firm started keeping track in 2015.   According to Urbanation’s survey of purpose-built apartments completed since 2005, the average vacancy rate rose from a low of 0.3 per cent in the second quarter of last year to 1.5 per cent in the second quarter of this year.   The Toronto firm added that the “availability rate” — which includes vacant units as well as occupied units where the tenant has given

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