Housing Need Stable in Canada, 1.7 Million Canadian Households Affected

Date

22 November 2017

Source

CMHC

Canada Mortgage and Housing Corporation (CMHC) and Statistics Canada, are releasing the core housing need figures from the 2016 Census. In 2016, the rate of core housing need in Canada stood at 12.7%, representing 1.7M households. This new data indicates the proportion of Canadian households in housing need has remained stable since 2006.

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Vacancy Loss

The number of Agency clients reporting vacancy losses of more than $250 per unit per year has fallen 50% since 2007. While vacancy rates are local, these numbers show good management.

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