(11-13-2021, 01:18 PM)GtwoK Wrote:(11-12-2021, 10:34 AM)CP42 Wrote:
Where is this from out of curiosity? Wanted to read a bit more about it and googling isn't helping
Here is the original source which includes a lot more interesting data:
https://rentals.ca/national-rent-report
Additional quotes involving Kitchener include:
“Kitchener has become extremely popular in recent years, likely amplified by the pandemic-induced exodus from downtown Toronto.”
And
“Kitchener becoming such a desirable municipality (with rents increasing 14% in 2020 and 15% in 2021) could be a sign of things to come as tenants continue to look for more affordable options for larger units. Other cities and areas outside of downtown city centres could begin or continue to heat up in a similar fashion.”
Attached is an additional article that also uses the figure:
https://www.blogto.com/real-estate-toron...s-toronto/