Single-family homes are still Canada’s most abundant type of home, according to the latest census data, but apartments and row houses are slowly catching up.
The 2021 figures show that 7.8 million homes in the country accounted for about 53% of Canada’s housing supply, down from about 54% in the 2016 census.
According to Statistics Canada, the country’s share of housing stock, represented by apartments with five or more floors, increased from 9.9% in 2016 to 10.7% last year.
Apartments with less than 5 floors rose slightly from 18% in 2016 to 18.3% in 2021.
Nagaya rose slightly, rising from 6.3% in housing supply in 2016 to 6.5% last year.
Jeff Randall, a senior analyst at Statistics Canada, said apartments and other housing types are single-family homes because space is valuable in many areas and home prices are skyrocketing beyond the budgets of many. It says it is more likely to grow than.
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