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Cape Breton's vacancy rate has plummeted to 0.8 per cent, the lowest in the province, according to the Canada Mortgage and Housing Corporation.That's down from 1.5 per cent in 2022, and 6.1 per cent in 2021.The data is from the agency's fall count, which also shows that the overall vacancy rate in the province is 1.1 percent. Nova Scotia and Prince Edward Island were tied with the lowest rates in the country."I think in the case of Cape Breton, it's a situation of higher demand and not enough su ....
Catherine Leviten-Reid said the $13.3 million is a good start for helping housing projects get off the ground in CBRM, but a lack of clarity regarding affordable housing builds is a big concern. She said as of last fall, 1,200 households are on a waiting list for public housing. ....
A provincial assessment of housing shortfalls shows the Cape Breton Regional Municipality is short 1,000 housing units right now and that number could more than double in the next decade. ....
The provincial and federal government's investment in public housing is met with questions on Cape Breton. Those involved in researching and providing housing say the investment equates to a drop in a bucket for the island's need. ....