One of Canada’s frothiest market indicators surfaced — rents are rising with vacancies. Canada Mortgage and Housing Corporation (CMHC) data from their 2020 rental survey shows a sharp uptick in vacancies. Normally this is expected to bring prices down, but not in a property bubble. Rental prices continue to rise along with increasing vacancies. In […]
Toronto may finally start taxing vacant homes. City of Toronto staff recommended a vacant home tax to council this week. The tax would place a penalty on those that use residential property in the City for less than half the year. By doing so, the City hopes to join other major cities like Paris in […]
Paris just made the most aggressive move to fight real estate vacancies in the world, should other cities follow?
![Here’s Where Metro Vancouver’s 66,719 Unoccupied Homes Are [Interactive]](https://i0.wp.com/betterdwelling.com/wp-content/uploads/2017/02/Here%E2%80%99s-Where-Metro-Vancouver%E2%80%99s-66719-Unoccupied-Homes-Are-Interactive.jpg?resize=856%2C481&ssl=1)
Census 2016 shows Metro Vancouver had a massive number of under utilized homes, so we thought we’d visualize it…for science.
New data from Statistics Canada show that 99,236 homes in the Toronto CMA are irregularly occupied. So we thought we’d map them!
