This 2022 Northern Housing Report by the Canada Mortgage and Housing Corporation (CMHC) provides an overview of the housing market in Northern Canada, including the Yukon, Northwest Territories, and Nunavut.
The report indicates that Northern Canada’s housing market continued to face challenges due to a limited housing supply, high construction costs, and a lack of affordable housing.
Despite these challenges, the report notes that there are opportunities for growth and development in the region, particularly in sustainable and affordable housing.