An influx of new, higher-priced apartments is pushing the multifamily vacancy higher in the country’s largest markets, even as lower-cost units remain in scarce supply, a report from Canada Mortgage and Housing Corp. finds.
New construction drives multifamily vacancy higher in country's largest markets
Increased supply at top of market contrasts with tight availability at lower end, says CMHC
CoStar News
June 9, 2026 | 9:07 P.M.
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- Canada Mortgage & Housing Corporation - CMHC
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