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How Many Rental Listings Are Going Over The Asking Price?

Author: 
Toronto Realty Blog.com
Publication date:
August 24, 2022
Article Summary: 

The rental market is currently experiencing a high level of competitiveness with tenants expected to make offers on most condos within 24 hours of listing, and landlords asking for up to 12 months' rent up front. Renters are also increasingly paying more than the asking price. This article comments on the responses to an article by the Toronto Star on the rental market and highlights readers' opinions on government intervention and the increase in prefabricated housing options.

Keywords: 

rental market, competitiveness, bidding war, over-asking, Toronto Star, prefabricated housing, government intervention.

Source Citation: 
Toronto Realty Blog.com
How Many Rental Listings Are Going Over The Asking Price?
August 24, 2022
https://torontorealtyblog.com/blog/how-many-rental-listings-are-going-over-the-asking-price/
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