Housing affordability woes have spilled over to rental market, CMHC report finds

This advertisement has not loaded yet, but your article continues below.Home ownership affordability has really gotten more difficult, and now that’s pushing that pressure to the rental market“Home ownership affordability has really gotten more difficult, and now that’s pushing that pressure to the rental market,” CMHC chief economist Bob Dugan said in an interview.

The overall national turnover rate also declined, to 13.6 per cent in 2022 from 15.5 per cent in 2021.

remember when hardcore poverty was a scant few percent and we convinced ourselves it didn't matter / that there were always going to be a few who simply couldn't be helped

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Housing affordability woes have spilled over to rental market, CMHC report findsCanada Mortgage and Housing Corporation says rental vacancy rate in 2022 was lowest since 2001. Find out more Time to revisit modified rent control for condos.
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