“Housing market activity across the country slowed particularly between the first and last quarters of 2020 due to the effects of COVID-19,” said Bob Dugan, CMHC’s chief economist. have maintained some pressure on housing costs in local real estate markets, which were experiencing activity before the crisis. “
The effects are on knowledge at the end of June 2020 (annual vacuum rates for rental apartments are October 2019) and advertising data until the end of August 2020. This national report provides an assessment of the housing market at the national level and effects for 15 metropolitan census spaces (CMA).
SOURCE Canadian Mortgage and Housing Corporation