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CMHC · CanadaCanada’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…See the Story
Rental housing supply falls well short of actual demand in Canada
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