TORONTO, June 5 /CNW/ - Canada Mortgage and Housing Corporation (CMHC)
today released their Spring 2008 Rental Market Report, a national survey of
the rental housing market. In Ontario, average rents for two-bedroom
apartments increased in 13 of the 15 urban centres in Ontario over 2007.
Average rents for two-bedrooms in Toronto increased to $1,075 per month.
Two-bedroom rents edged up in Windsor as well, where the vacancy rate is the
highest in the province.
"The affordability crisis for Ontario's renters must be addressed by the
provincial government," said Mary Truemner, Acting Director of Legal Services
at the Advocacy Centre for Tenants Ontario. "Housing affordability has to be a
top priority as the Liberals develop their anti-poverty strategy, a strategy
that must include rent regulation on all rental units and new construction,"
There were 123,182 low-income households across Ontario on the active
waiting lists for social housing at the beginning of 2007. On average, 76% of
the low-income households on the waiting lists who reported gross incomes
earned below $20,000.
The Advocacy Centre for Tenants Ontario is a specialty legal clinic
funded by Legal Aid Ontario.
For further information:
For further information: OR TO ARRANGE INTERVIEWS: Jennifer Ramsay
(ACTO), (416) 597-5855 x 5168, cell: (416) 996-4662 (Toll free in Ontario:
1-866-245-4182 x5168), www.acto.ca