The RTB commissioned the ESRI to conduct an Individual Property Level Analysis study for the first time in 2024. This study tracks the changes in rent reported for individual properties seen at least twice in RTB registration data from Q2 2022 to Q1 2024.
While the RTB / ESRI Rent Index provides the most accurate picture of how the average rent paid by new and existing tenants is changing at a market level, findings from the Individual Property Level Analysis study provide important additional context on what is happening at an individual property level.