Nevertheless,
Shortage affordable housing worsens greater:
The shortage of affordable housing continues to worsen in the Montreal region. Similarly, despite a slight increase in the vacuum rate, reports the Metropolitan Community of Montreal (CMM).
Posted at 10:56 a.m.
“The offer remains insufficient to meet the needs of households. For example, and affordable housing becomes increasingly rare,” says the organization which brings together 82 municipalities in the region, in an analysis published Thursday by its Grand Montreal observatory, which documents the state of the housing market.
According to the report, the rental rate of rental housing increased from 1.5 % in 2023 to 2.1 % in 2024 in shortage affordable housing worsens greater the metropolitan region. Furthermore, This is an improvement. Meanwhile, which is “still under the historically suggested balance threshold by 3 %,” says the CMM, which aims to reach a threshold of 5 %.
For the moment, access to affordable housing “remains very limited”, conclude the authors. Similarly, For the third year in a row. the rate of vacuums of housing whose rent is lower than the average fell, to reach “a critical availability of 0.4 %” last year, it is said.
As for middle prices housing, their vacuration rate displays 1.1 %. Only the units whose rent is higher than the average have seen this threshold increase, oscillating around 3.8 % dated 2024.
“This situation confirms that the shortage mainly affects low-income households. which are struggling to find accommodation corresponding to their financial capacity,” reads shortage affordable housing worsens greater the CMM note.
Very expensive vacant housing – Shortage affordable housing worsens greater
According to specialists, “inflationary pressures are more easily transmitted to vacant housing than to occupied accommodation”.
From 2021 to 2024, the median rent for vacant housing exploded by 46 % to more than $ 1,500, while the occupied units increased by only 2.8 % to amount to $ 1,000.
Result: a cleaning in search of vacant housing “must now pay a median rent which exceeds 60 % that paid by the tenants already established”. it is deplored, specifying that this situation is particularly marked for the apartments of two chambers, which represent more than half of the park “.
Like the administration of Valérie Plante. the CMM recommends multiplying the proportion of “outside market” dwellings, which are under the shortage affordable housing worsens greater leadership of non -profit organizations and which escape real estate speculation. Montreal and CMM are aimed at that this type of units represents 20 % of the park by 2046.
In its Metropolitan Planning and Development Plan (PMAD), the organization pleads overall for more accommodation near future public transport networks.
The 1is Last July. according to figures from the Quebec Housing Society (SHQ), more than 2,000 tenant households were still looking for accommodation and were accompanied by a help service. Last year at such a date, there were 1,700.
A study published by Statistics Canada had shown that the average rent for a. two -room apartment in Montreal was $ 1930 in the first quarter of 2025. This represents an increase of 71 % compared to 2019, the year when the average rent for such shortage affordable housing worsens greater an apartment was $ 1130. The metropolis is currently at 17e Rank of Canadian cities where the accommodation is the most expensive.
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