Condo rentals rose 0.9% in January

Submitted By:  Shaina Teope Case Study:  No CCR rents saw the highest growth for the month. Rentals of private apartments saw a 0.9% uptick in January from December 2019, according to a report by SRX. Rents grew 2.9% YoY for the month. The month’s rentals were a 15.6% plunge from its highest rate in January 2013. Tee Interntational’s head of research Christine Sun attributes the stronger rental prices came on the back of fewer private homes being completed last year and some stock removed to make way for new housing units. read more