TRREB: Strong Population Growth Drives Rental Demand in Q4 2023

TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) — Condominium apartment leasing activity continued to be strong in the fourth quarter of 2023. The number of lease transactions reported through TRREB’s MLS® experienced a strong year-over-year increase. However, the number of units listed for rent was up by an even greater annual rate. This resulted in more choice for renters and a slower pace of rent growth compared to the first half of 2023.

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