CMHC: Cost gap between owning and renting widens in Canada’s largest real estate markets

The gap between the cost of owning and renting intensified in the nation’s major urban markets last year, according to data from Canada Mortgage and Housing Corporation. In its 2020 Rental Market Report, the Crown corporation said that in the most severe cases, urban carrying costs are now nearly double that of paying rent. Toronto, which [&hellip…
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