More rentals are sitting empty in Canada. But it's not enough to relieve housing affordability, CMHC says [Globe and Mail, The (Toronto, Canada)]
Cabot Corporation (CBT)
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Source: Globe and Mail, The
Vacancies have reached 3.7 per cent in the city this year – 'the highest level seen in 30 years,' according to CMHC. Jennifer Gauthier/The Globe and Mail The national vacancy rate for purpose-built rentals has jumped to more than 3 per cent in 2025 compared with 1.5 per cent just two years prior, according to the report released on Thursday. CMHC said that while rent prices continue trending upwards overall - often among larger, more livable units - the pace of increases has slowed, even as landlords dangle more incentives. In Vancouver , vacancies reached 3.7 per cent – “the highest level seen in 30 years,” CMHC deputy chief economist, Tania Bourassa-Ocho said. Developer fees could add more than $100,000 to price of new homes, CMHC finds New purpose-built rentals, completed since 2022, in Toronto had vacancy rates as high as 7 per cent, reflecting intense rental competition between new buildings and a large stock of investor-owned condos. A majority of those rentals offered a
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CBT
News
- Despite more rental units being available, many Canadians struggle with unaffordable rent [BNN Bloomberg (Canada)]BNN Bloomberg
- Rent growth slowed in 2025 as national vacancy rate continued to rise: CMHC [Advisor.ca (Canada)]Advisor.ca
- Rent growth slowed in 2025 as national vacancy rate continued to rise: CMHC [Investment Executive - News]Investment Executive - News
- Rent growth slowed in 2025 as national vacancy rate continued to rise: CMHC [BNN Bloomberg (Canada)]BNN Bloomberg
- Rent growth slowed in 2025 as national vacancy rate continued to rise: CMHC [Yahoo! Finance Canada]Yahoo! Finance Canada
CBT
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- 11/3/25 - Miss
CBT
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- 12/5/25 - Form 4
- 12/2/25 - Form 3
- 11/24/25 - Form 10-K
- CBT's page on the SEC website