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CMHC Releases Annual Report for 2024

Summary by Benzinga
OTTAWA, ON, June 20, 2025 /CNW/ - Canada Mortgage and Housing Corporation (CMHC) today released its 2024 Annual Report demonstrating that Canadians can continue to count on CMHC as a stabilizing economic entity with a key role in bringing about housing solutions and hundreds of thousands of additional homes for Canadians. Despite challenging economic conditions, CMHC continued to deliver results in 2024 as demand for its commercial products sur…

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While Montreal is experiencing the worst housing crisis in the country, the Ottawa-Gatineau region is following closely. According to Canada Mortgage and Housing Corporation's (CMHC) Annual Report 2024, the region has the second largest gap between supply and demand in Canada. In Gatineau, despite a slight decrease of 0.6% in average rent, prices remain out of reach for an increasing proportion of the population. Low-cost housing, below $1,000, …

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Benzinga broke the news in New York, United States on Friday, June 20, 2025.
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