Redefining Canada's Rental Insights: Rentsync and Urbanation Launch Advanced Data Portal
We are thrilled to announce that Rentsync and Urbanation have initiated the launch of their groundbreaking market data platform for the rental housing industry in Canada. July will mark the official rollout beginning with the Greater Toronto Area and the Hamilton and Niagara regions - a significant moment set to redefine how industry professionals access and analyze rental market data from coast to coast.
Rentsync and Urbanation’s Advanced Data Portal service will grant you access to the most comprehensive rental database, equipping you with our extensive comparables and market trends to make data-driven decisions for your current portfolio along with development projects.
The Advanced Data Portal provides access to Urbanation's comprehensive database of new construction projects, including unit mix, absorption rates, rental rates, and vacancy rates. Rentsync's data enhances the portal with timely rental data and broader coverage for both new and old rental properties. The portal covers the Golden Horseshoe area, featuring a map for easy navigation and a polygon tool for mapping key data points and competitor analysis.
The advanced filters feature of the portal allows you to refine your search by attributes, project names, property managers, and renovated status. You can also export data in your preferred format. The project search summary offers a concise overview of ongoing projects, including addresses, year built, stories, total units, availability and absorption rates, average days-on-market, and average rent.
The portal utilizes Rentsync's proprietary data, enabling analysis of monthly rental rates, trends, occupancy periods, listing and rental durations, and unit availability by size and other factors. The Advanced Data Portal empowers you with valuable real estate insights for rationalized decision-making.
You will also gain access to a wide range of reports and market data, including monthly property data for both new and old construction, absorption rates, and historical or real-time property data. You will also be added to Urbanation’s distribution list and receive their highly coveted market reports, market outlook webinars, and weekly updates.
The quarterly Urbanation reports will allow you access to micro and macro analyses of market trends, purpose-built rental market demand & supply charts, along with rental market summaries by region and discussion around vacancy rates, rents, unit sizes, and much more. This access will provide a substantial advantage in understanding and navigating the dynamic real estate landscape in an informed manner.
The launch of Rentsync and Urbanation's Advanced Data Portal is a groundbreaking development that is set to redefine Canada's rental insights. This innovative platform provides industry professionals access to the most comprehensive rental database, starting with the Greater Toronto Area alongside the Hamilton and Niagara regions.
With the Advanced Data Portal, you can now make data-driven decisions for your current portfolio and development projects by utilizing extensive comparables and market trends in an accessible and convenient manner.
Sign up today to learn more and put your multifamily portfolio in the optimal position on the market with revolutionary proptech solutions.