In a recent report, the Canada Mortgage and Housing Corporation said that 10,600 new rental apartment units were added to the Montreal region over the last year, the highest level in 30 years. Although 80% of this new supply was completed in suburban markets, vacancy rates remained stable, underscoring continued strong suburban demand.
In Montreal, Trend Toward Suburban Living Accelerated by COVID-19
More Montrealers Moving to Suburbs and International Immigration Pose Problems for Residential Sector
CoStar Analytics
February 16, 2021 | 4:20 P.M.
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