Canadian Mortgage Housing Corporation and Apartment Units

Hamilton: The vacancy rate was up to 3.4 per cent, up from a very tight 2.2 per cent in 2014, according to CBC. The increased number of apartments on the market was true for all unit types except for bachelor suites, which hovered around 7 percent. The percentage of apartment units that are available — an indication of housing affordability and market tightness — rose in 2015 compared to 2014, new numbers released by Canadian Mortgage and Housing Corporation on Wednesday show. Hamilton will debate licenses for buildings with 6 units or less - again Hamilton rise in rents the sharpest in Ontario Analysts for CMHC said even though employment was up for people aged 15 to 24 — a source of demand in the rental market — there were fewer immigrants coming to Hamilton this year, and also more people leaving rentals to buy homes. The average rent for a two-bedroom apartment was up 3.8 per cent to $1,034 from 2014. Despite that change in supply and demand, rents still rose. (www.immigrantscanada.com). As reported in the news.