Rentals.ca, Canada’s preeminent rental housing data source, announces a partnership agreement with Statistics Canada, which will allow for the creation of the Rental Market Industry Index to track trends in the rental housing industry across Canada.
Through this partnership, Rentals.ca will be providing Statistics Canada with rental listing data, while Statistics Canada will be directly responsible for the analysis, aggregation, and development of the Rental Market Industry Index.
The soon to be released Rental Market Industry Index will be open to the public and will be instrumental in helping landlords and renters make informed decisions, while also helping policymakers and government officials address the needs of Canadians.
“In supplying rental housing pricing data to Statistics Canada, we take the responsibility very seriously and we feel that this partnership further solidifies and validates our leading position and authority on asking rent data across Canada,” says Max Steinman, CEO of Rentsync.
“Through this new partnership, we’re able to get data into the hands of institutions, and help policymakers, developers, and the Canadian public as a whole to make more informed decisions to help tackle the rental housing supply crisis.”
Rentals.ca’s partnership with Statistics Canada signifies a significant step towards enhancing transparency and understanding within the rental housing market in Canada. By leveraging Rentals.ca’s extensive rental listing data, combined with the analytical capabilities of Statistics Canada, the Rental Market Industry Index will provide a comprehensive and reliable resource for the rental housing industry and beyond.
Rentals.ca is owned and operated by Rentsync, a leading SaaS and marketplace technology company based in Toronto that specializes in serving the rental housing industry. Rentsync offers a range of innovative products and services designed to streamline rental property marketing, leasing, and property management. Rentsync also owns and operates the Rentals.ca Network, the leading online marketplace for rental housing in Canada.
For more information about the Rental Market Industry Index and Rentals.ca’s partnership with Statistics Canada, please contact Giacomo Ladas at giacomo@rentals.ca.
The post Rentals.ca to Launch New Rental Housing Index with Statistics Canada appeared first on Rentals Blog.