Month: May 2020

Rental Rates are being affected by COVID-19

The COVID-19 pandemic has started to negatively impact asking rents in the Greater Toronto Area (GTA) as outlined in the Rentals.ca May National Rent Report.  In this Toronto GTA May Rent Report using TorontoRentals.com data, which shares listings with its sister website Rentals.ca, we take a closer look at the GTA market and the pockets of rental activity. Condominium …

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What is Mortgage Deferral?

The mortgage deferral is among a number of recently announced relief measures geared to assist Canadians who are feeling the financial impact of COVID-19. With many industries and businesses suffering a serious slow-down, if not a complete dead stop, Canada’s big banks released an announcement two weeks ago offering mortgage payment deferrals of up to six months, to help …

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