Webthis report, which details and analyzes changes and trends in the country’s housing market between 2011 and 2021 revealed that this past decade has seen. Webrenters face heightened competition due to increased population growth, rising interest rates, and a shortage of new housing developments, leading to intense. New data shows that average rent growth. While the percentage of available units in canada’s primary rental market remained virtually the same in 2021 compared to the year before, there are still concerns that. Webthe census data shows a clear demographic gap between those who own and those who rent, with baby boomers — which the data agency defines as anyone 56. Compared to two years ago in february 2022, just before the start of interest rate hikes by the bank of. Webrentership increased by 876,000 households (or 22%) compared to a rise of 770,000 (8%) in owner households. Millennials are renting for longer than previous.
