September Housing Market Update for Canada: Insights as Summer Wraps Up

September Housing Report - Hamilton Spotlight

Dear ,

Navigating the competitive Canadian rental landscape might just be the biggest challenge currently facing newcomers to Canada and international students.

So, the best strategy in order to get a head start is to do your research in advance.

Every bit of knowledge about renting in Canada helps guide your strategy both pre- and post-arrival.

Our mission at Prepare for Canada and Rentals for Newcomers is to help newcomers and international students better understand the Canadian housing market (renting and buying), to be aware of the latest news and trends, and to provide REAL solutions for your housing needs.

Here are three FREE rental housing solutions that we currently offer renters:

1 - Rentals for Newcomers (our helpful, newcomer-friendly FREE rental listings site)

2- Working with a Real Estate Agent (partnering with a realtor can give you a competitive edge in the search for a rental)

3 - Rooms for Newcomers (becoming a housemate and renting a room in a home is easy, safe and cheaper)

We hope that you'll check out these FREE options and pick the one that is right for you. Registration is easy.

In this month's newsletter, we also bring you the latest news about Canadian rental prices (still rising) and home sales (falling). We also profile the city of Hamilton, which remains one of the better housing bargains in the Greater Toronto Area (and close to Toronto!). We've included a link to current rentals in Hamilton so be sure to have a look as part of your planning.

Please be sure to register for our next FREE Accommodations Webinar. It can be a great aid to your research. Click here for another handy guide to renting in Canada from our partners at Scotiabank.

You can follow us at Rentals for Newcomers and on social media on Twitter (@rentalsfornewc), Facebook (Rentals for Newcomers), Instagram (rentalsfornewcomers) and LinkedIn (Rentals For Newcomers).

David Frattini

Managing Partner

Prepare For Canada

Here's How Newcomers to Canada and Students Can Spot and Avoid Rental Scams

As rent prices climb and vacancy rates fall, the scramble to find rentals (both short-term and long-term) has become increasingly competitive, particularly in the Gateway cities such as Toronto and Vancouver.

Sadly, some disreputable landlords will scam you if you are not careful and prepared. And, experts say, rental scams targeting newcomers and international students are on the rise.

Renting Webinar Will Help You Find Your First Canadian Rental Accommodation

Whether you're planning to settle in one of the popular gateway cities such as Toronto or Vancouver, or whether you considering what secondary cities such as Calgary, Edmonton, Halifax, Brampton, Surrey, or Ottawa have to offer, understanding the rental market, rental pricing, and rental options is vital to a successful transition to life in Canada.

Our Accommodation in Canada webinar gives you all of this - and more.

Record High Rents Present a Challenge for Newcomers to Canada

Record high rents continue to present a challenge for newcomers to Canada and international students looking for affordable accommodation.

The average asking rent in Canada increased 1.8 percent monthly and 9.6 percent annually to reach yet another record high of $2,117 in August.

Interest Rate Hike Uncertainty Slowing Home Sales in Canada

Home sales in Canada slid sharply in August due to the "uncertainty effect" around interest rate hikes created by the Bank of Canada's actions.

That's the analysis for Scotiabank Housing economist Farah Omran.

Newcomer-family-with-two-teens-standing-in-front-of-residential-homes-1

For Newcomers to Canada, Finding a Place to Rent is Only Part of the Journey

Finding rental accommodation in Canada is an important first task for newcomers. But finding a place to live is just one of a newcomer's needs.

Arriving, living, and working in Canada requires much more and presents unique challenges for every new immigrant.

City Spotlight - Hamilton

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Upcoming Webinars & Events

Oct 4th

Arrive in Canada Financially Prepared

REGISTER

Oct 19th

How To Find Accommodation In Canada For Students

Register

Oct 12th

Accommodation in Canada - Options & Solutions for Newcomers

Register

Oct 25th

Buying a Home as a Newcomer

REGISTER

Thank you for reading our Housing Newsletter for Newcomers to Canada

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We’d love to hear from you as well. You can message us on the social media platform of your choice and let us know what question we can answer for you about accommodation in Canada!