While some markets in the U.S. are undergoing periods of senior housing oversupply, much of Canada is experiencing the opposite Specifically, Canada is facing a “severe housing shortage” for older adults, according to new research from global credit rating agency DBRS. The report, “Analyzing the Canadian Senior Housing Dilemma,” is based partly on recent senior housing figures compiled by the Canada […]
Canada Mortgage and Housing Corporation
Senior housing oversupply is putting pressure on providers in some major metros across the United States. North of the border, the story is a little different: Supply is not keeping up with demand in some of Canada’s largest markets. In the province of Ontario, the vacancy rate for senior housing and care spaces has declined to […]
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