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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, September 26, 2017

Ontario needs more than 6,000 new rental units a year says report

The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade.

That’s the warning from a report by Urbanation which says that the additional units are needed on top of the current expectations for new development.

The province’s vacancy rate has fallen to 2.1% with the City of Toronto at just 1.3% according to CMHC data.

"Ontario's scarce rental housing supply combined with escalating house and condo prices have created a housing crisis in our biggest cities," said Jim Murphy, president of the Federation of Rental-housing Providers of Ontario (FRPO) which commissioned the study.

"The only solution is for Ontario to build itself out of this situation. This begins with our provincial leaders working with industry to identify and implement policies that create more purpose-built rental units, not less."

FRPO has launched its 'Rent On' campaign encouraging Ontarians to ask the provincial government to take measures to allow for more housing choices for renters

MBN

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