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In 2020, in Toronto, 21% of all housing, and 56% of condos were investor owned. In Vancouver, nearly 48% of condos, and 33% of all housing was owned by investors. [81] Across Canada, 1 in 5 homes were investment properties. Investors were found to be increasingly crowding out prospective first-time buyers in a 2024 analysis. [82]
The National Bank of Canada publishes a Housing Affordability Monitor report, which "measures housing affordability in 10 major census metropolitan areas" (Calgary, Edmonton, Hamilton, Montreal, Ottawa–Gatineau, Quebec City, Toronto, Vancouver, Victoria, Winnipeg) and "summarizes the results in a weighted-average composite
In Canada affordability is one of three factors, along with adequacy and suitability, used to determine core housing needs. [13] Canada ranks among the lowest of the most developed countries for housing affordability. [14] Since the 1980s the federal government has played a smaller and smaller role in funding affordable and social housing.
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Living Shangri-La is a mixed-use skyscraper in downtown Vancouver, British Columbia, Canada, and is the tallest building in the city and province.The 62-storey Shangri-La tower contains a 5-star hotel and its offices on the first 15 floors, with condominium apartment units occupying the rest of the tower. [1]
CAPREIT is the largest publicly traded apartment landlord in Canada, with over $17.7 billion in assets, as of December 2021. [1] As of 2022, CAPREIT owns or has interests in approximately 67,000 residential apartments, townhomes and manufactured housing units across Canada , the Netherlands and Ireland .
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REIT [1] Traded as (TSX) Profile Major tenants/properties Allied Properties REIT AP.UN: Office Artis AX.UN: Diversified: Artis REIT Residential Tower: Boardwalk REIT