Costs, promotions, kinds, and availability may range. The 5 provinces with the very best share of people within the 50-per-cent class are B.C. (21 per cent); Ontario (20.9 per cent); Nova Scotia (19 per cent); Newfoundland and Labrador (17 per cent); and Saskatchewan (sixteen.four per cent). Those households on the bottom of the revenue scale are dramatically more likely to be paying too much for lease: In Ontario, 60 per cent of those making less than $22,385 are within the 50-per-cent-for-hire group; in B.C., they’re sixty six per cent; in Nova Scotia, 63 per cent.
For the first time in decades, demand for rental housing is outpacing ownership, driving rent costs greater and deepening Canada’s housing affordability woes. The only piece of good information for homebuyers is that the number of homes for sale in King County has lastly began to tick up once more after years of steep declines … Read more