US EditionRents climbing, condition worsening for affordable housing: CMHC
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Rents climbing, condition worsening for affordable housing: CMHC
Canada’s social and affordable rental housing stock is aging, and many units require repairs, as rent prices continue to increase, according to new data from the Canada Mortgage and Housing Corporation (CMHC). The findings, based on survey responses and administrative records, offer insight into the condition, rent, and vacancy of nearly 593,000 subsidized housing units across all provinces and territories from 2019 to 2024. The findings largel…
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