CMHC
Canadian Apartment Magazine
Surging demand leads to tightening of rental market
Despite an increase in rental supply, surging demand pushed Canada's vacancy rate for purpose-built rental apartments down to 1.9 per cent in 2022, according to new data from CMHC.
Canadian Apartment Magazine
Multi-unit projects drive 2022 housing starts
In Toronto, Montreal and Vancouver, multi-unit construction drove the year's housing starts, with rental apartments and condominiums accounting for the majority of 2022 housing projects.
Canadian Apartment Magazine
Labour shortage expected to impact housing construction
New CMHC report looks at the skilled labour shortage and how Canada's 2030 housing objectives might be impacted.
Construction Business
Squamish Nation housing project breaks ground
The federal government is providing a $1.4-billion loan to the Squamish First Nation to build 3,000 homes on traditional lands in Vancouver.
Canadian Apartment Magazine
New report details steps to restore housing affordability
To achieve housing affordability for everyone in Canada by 2030, CMHC estimates the country will need an additional 3.5 million units.
Canadian Apartment Magazine
Addressing housing supply in Budget 2022
Budget 2022 proposes a new Housing Accelerator Fund, expanding the Rapid Housing Initiative and incentivizing energy-efficient rental construction, among other key steps.
Canadian Apartment Magazine
Dream unveils major upgrades to “Residence at Weston”
Dream announced it has secured a $153-million loan under CMHC’s new MLI Select insurance product to finance affordable units and energy retrofits at the Residence at Weston apartment complex.
Canadian Apartment Magazine
Lower-income renters still lack housing options
According to CMHC’s 2022 Rental Market Report, lower-income renters are still lacking housing options in most Canadian cities.
Canadian Apartment Magazine
Advancing Canadian-made retrofit solutions
New CMHC report emphasizes Canadian-made retrofit solutions and steps to streamline multi-res projects as 2030 GHG emission targets loom.
Canadian Apartment Magazine
Development-led evictions add to housing woes
New CMHC data explores the prevelance and implications of development-led evictions and other trends impacting Toronto's rental housing landscape.
REMI Network
Housing market more vulnerable to downturn
Canada's housing market has reaching a new vulnerability high as homes prices accelerate alongside ongoing overvaluation.
Canadian Apartment Magazine
BMO pledges $12 billion in financing toward affordable housing
BMO announced it will commit $12 billion in financing toward the development and refurbishment of affordable housing in Canada.
Canadian Apartment Magazine
Rising vacancies in seniors’ housing continues
Vacancy rates in seniors' housing are rising in all provinces except Newfoundland and Labrador, according to a new report from CMHC.
Canadian Apartment Magazine
CMHC report looks at prevelance of secondary units
A new CMHC report looks at secondary units in municipalities throughout Ontario and what contributes to disparities.
Canadian Apartment Magazine
Breaking down Budget 2021’s affordable housing funds
The federal government released it’s much-awaited Budget 2021, which includes funds to address Canada’s need for more affordable housing.
Canadian Apartment Magazine
Scotiabank announces $10 billion commitment toward new affordable housing
Scotiabank announced it will be aligning with CMHC to mobilize $10 billion over the next ten years to support the creation of new affordable housing.
Canadian Apartment Magazine
CMHC releases 2020 rental market and rent arrears data
Canada’s overall vacancy rate increased from 2.0 per cent in 2019 to 3.2 per cent in 2020, according to the latest Rental Market Survey from CMHC – which also includes rent arrears data due to COVID-19.
