65% Of GTHA Landlords Offering Rental Incentives As Demand Slows And Supply Grows
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AI Article Summary
In the Greater Toronto Hamilton Area (GTHA), 65% of landlords are offering rental incentives due to an increase in available units and a higher vacancy rate. This trend is driven by lower immigration, more building completions, and reduced turnover rates. Despite a record number of leases signed in Q2 2025, rental rates have declined due to high supply and competitive pressures. It is expected that the rate of completions will fall, leading to higher rents in the near future.