Vancouverites, Women and Single Parents in Greatest Housing Need: CMHC

Joannah Connolly
November 21, 2014

British Columbia was the province with the highest incidence of core housing need in 2011, at 15.4 per cent of all households, according to the Canadian Mortgage and Housing Corporation’s 2014 Canadian Housing Observer annual report, released November 20.

Vancouver was identified as the Census Metropolitan Area with the highest core housing need (at 17.7 per cent) followed by Toronto (16.9 per cent).

A household is described as in core housing need when it would have to spend 30 per cent or more of gross household income to access housing that is deemed adequate and suitable for that household by CMHC’s given standards.

The CMHC said the incidence of core housing need across Canada fell to 12.5 per cent of all households in 2011, down from 13.7 per cent in 2001.

Female single-person households were the highest represented group in core housing need across Canada, at 23.5 per cent in 2011, above male one-person households, which were still high at 19.3 per cent.

CMHC added that single-person households are the "fastest-growing housing type," and that they had nearly equalled couples with children, the slowest-growing household type.

Nearly 29 per cent of female single-parent households were in core housing need in 2011. That was still well above the number for male single-parent households, at 16.5 per cent.

The publication, which looks at big-picture trends and issues in housing across Canada, also reported that seniors, immigrants and Aboriginal people continued to be important influences on housing demand.

It added that rising immigration was fuelling housing demand, and that although most new immigrants rent their homes initially, homeownership rates among immigrant households increase rapidly in the years following their arrival.

To download a free copy of the full report, go to the CMHC’s website here.

Joannah Connolly
Joannah Connolly is editorial director of Glacier Real Estate, Glacier Media's real estate division. Joannah writes and curates real estate news for Glacier Media's local newspaper websites, including the Vancouver Courier, North Shore News, Burnaby Now, Tri-City News and others. She also oversees editorial content in Real Estate Weekly Homes, West Coast Condo, Western Investor and Glacier's special real estate publications. A dual Canadian-British citizen, Joannah has 22 years of journalism and editing experience in Vancouver and London, with a background in construction, architecture, healthcare and business media. Joannah has appeared on major local TV outlets as a real estate commentator, has moderated and spoken on various industry panels, and spent two years hosting the Real Estate Therapist radio show on Roundhouse Radio.