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TORONTO 鈥?Rental listings more than doubled in the third quarter, as investors pulled their condos from platforms such as Airbnb and put them onto the traditional rental market instead, according to the Toronto Regional Real Estate Board.There was a near
stanley cup ly 114-per cent surge in the number of condos listed for rent in the Greater Toronto Area this summer, driving down rents for units of all sizes, TRREB said on Friday
stanley en mexico .Board president Lisa Patel said the growing pool of condos on the market led to more choice and negotiating power for renters this summer. ARTICLE CONTINUES BELOW Although there was a 30 per-cent year-over-year increase in the number of condos rented, the 14,036 new leases signed weren ;t enough to keep up with the wave of 34,971 new rental listings. The demand for condo rentals remained very strong in Q3 as the economy experienced a substantial rebound. However, this demand was overshadowed by the very rapid rise in rental listings, said Jason Mercer, TRREBs chief market analyst. ARTIC
stanley cups uk LE CONTINUES BELOW Rents for one-bedroom units, the most popular size on the market, fell by more than 11 per cent to $2,012 in Toronto during the quarter, down from $2,262 in summer 2019.Rent prices for bachelors, two-bedroom and three-bedroom condos also fell during the quarter, the boards report said. Bachelor apartment rents fell 15.5 per cent to $1,608 from $1,904 in 2019; two-bed Qgug Georgetown Raiders host Toy Drive game
VAUGHAN, Ont. 鈥?Recipe Unlimited Corp. is reporting a big increase in its third-quarter results with net income surging from last year and nearly doubling its 2019 profits.The Ontario-based restaurant company says it earned $13.2 million or 23 cents per diluted share in the quarter, up from $5.2 million or nine cents per share a year ear
stanley cup lier and $6.7 million or 11 cents per share in the third quarter of 2019.Adjusted profits reached $27.6 million or 47 cents per diluted share, up from $16.1 million or 28 cents per share in the prior year quarter and $19.5 million or 31 cents per share in the 2019 period. ARTICLE CONTINUES BELOW Total system sales for the the three months ended Sept. 26 grew 23.3 per cent from a year ago to $834.2 million and up 48.5 per cent from the second quarter.But they were down four per cent from the 2019 quarter as the number of restaurants decreased to 1,284 from 1,355 last year and 1,375 two years ago. ARTICLE CONTINUES BELOW Recipe Unlimited operates and franchises restaurant brands including Swiss Chalet, Harvey , The
stanley vaso Keg, St-Hubert, Montana and Kelsey . The company sold its Milestones restaurant brand on Sept. 26.We are encouraged by our third-quarter results and the enthusiastic return of guests to our restaurants, stated CEO Frank Hennessey, who noted strong earnings despite dining room closures at the start of
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