Rental housing supply falls well short of actual demand in Canada

Rental housing supply falls well short of actual demand in Canada

Canada’s housing shortage is not news to any Canadian, but a new study illustrates the deep supply-demand imbalance in the nation’s rental market. National Bank of Canada Financial Markets issued a report earlier this month that compared the 2021 census data and population growth since then, driven by migration. Already in 2021, the nation had a rental housing shortfall compared with rental housing starts — though it was only a few thousand unit…

Canada’s Housing Supply Shortages: Moving to a New Framework

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