Urbanation Inc. has released its Q1-2023 rental market results, showing that the average rents for purpose-built rental buildings completed since 2005 in the Greater Toronto Area (GTA) have reached a record high of $3,002, with a slower annual rent growth rate of 13.8% compared to Q1-2022. The average transacted rents for condominiums in the GTA also grew at a similar annual rate of 13.6%, with the fastest...