On the day it released its annual review of the state of housing in Canada, the Canada Mortgage and Housing Corporation has rolled out a new set of interactive data tables for 160 municipalities across the country.
CMHC’s tables and charts organizes various housing indicators and statistics – like housing starts, rents and rental vacancy rates, household type, and core housing need – for users to view quickly online.
For example, say you just moved to Vancouver and are interested in the average rental rates in the city. All you need to do is select Vancouver from the side bar and then click the rental market tab to get an easy-to-read table and bar graph, complete with definitions and cited sources:
Or perhaps you’re curious about the number of new housing starts in Toronto, broken down by forms – everything from condos to co-ops:
And if you’re a big picture person, all of this data can be viewed on a province-wide or national scale.
It’s a tool that’s as simple as it is handy. So, if you enjoy housing statistics as much as we do, we’re sure you’ll be just as excited to play around with it. Give it a try here.
Also worth checking out is the aforementioned state of housing review. CMHC’s Canadian Housing Observer 2012 report credits “prudent mortgage lending practices” for a decline in the number of Canadian mortgages in arrears in 2011. Other notable statistics from the report include:
- The net worth of Canadian households increased in 2011, with inflation-adjusted per capita net worth about $7,000 higher than prior to the recession
- Moncton, NB has the highest rate of household growth of major urban centres from 2006 to 2011, followed by Kelowna, St. John’s, Calgary and Edmonton
- Renovation spending across the country three per cent in 2011 to $43.8 billion
- The inventories of completed and unoccupied housing units per 10,000 people are near the historical average, suggesting overall inventories are in line with population growth
- The average resale price of a home in Canada in 2011 was $363,116, with Vancouver having the highest average resale price at $779,730, while Trois-Rivières, QC had the lowest average resale price at $156,919;
- Housing starts in Canada rose 2.1 per cent in 2011 and were above the long-term average at 194,000 units
The entire report can be downloaded for free here.