As people are expecting to work more from home for the foreseeable future, there is more demand for rentals in the 905.
We ran the stats for July 2020:
Hamilton Rental Stats:
Average 1 bedroom rent: $1350. Down 2.2% month over month. Up 9.8% year over year.
Average 2 bedroom rent: $1620. No change month over month. Up 8% year over year.
St. Catharines Rental Stats:
Average 1 bedroom rent: $1250. No change month over month. Up 5% year over year.
Average 2 bedroom rent: $1430. Down 1.4% month over month. Down 4.7% year over year.
Down 1.4% month over month. Down 4.7% year over year.
The Toronto Rental Stats:
Average 1 bedroom: $2,100. No change month over month. Down 8.7% year over year.
Average 2 bedroom: $2,640. Down 1.9% month over month. Down 7% year over year.