Northern Housing Report

PDF - Report

CMHC’s Northern Housing Report focuses on housing market conditions across Whitehorse, Yellowknife and Iqaluit — the 3 major centres in the Territories.

Lack of affordable housing remains an issue in the North

42.7% of households in the Northwest territories reported experiencing housing problems related to adequacy, affordability, or suitability according to the 2019 Northwest Territories Community Survey.

The Territories face persistent affordability challenges and there continues to be a lack of housing options along the housing continuum.

The COVID-19 pandemic has further exacerbated this problem by increasing the costs of:

labour
land
construction

Key highlights

Affordable housing is out of reach for many households without financial assistance in Whitehorse.
Housing affordability is impacted by an expanding senior population in Yellowknife.
The younger population face significant market affordability challenges in Nunavut.

Author:: CMHC
Document Type:: PDF
Date Published:: November 17, 2021

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About the Northern Housing Report

A large proportion of housing in the North is provided through Territorial housing providers:

Yukon Housing Corporation
Northwest Territories Housing Corporation
Nunavut Housing Corporation

This analysis is based on CMHC’s Northern Housing Report. It discusses housing affordability challenges that continue to persist and impact housing markets in the North.

In 2020, the COVID-19 pandemic created volatility in employment, incomes and migration throughout the North.

The severity and duration of COVID-19 continues to pose a major risk to housing markets in the region. This report focuses on specific impacts on housing fundamentals for the North and the housing continuum.

We’ve added new features to this year’s report: