This statistic shows the annual change in luxury housing prices in selected markets worldwide from the second quarter of 2017 to the second quarter 2018. In the second quarter of 2018, luxury home prices in San Francisco were *** percent higher than in the second quarter of 2017.

This statistic shows the housing markets with largest share of housing stock worth *********** U.S. dollars or more in the United States in 2018. As of October 2018, ** percent of homes for sale in San Jose, California were worth *********** U.S. dollars or more.

In 2019, Hong Kong had the most expensive residential property market worldwide, with an average price per square foot of 1,987 U.S. dollars.

Hong Kong

Hong Kong, an autonomous special administrative region of China, has one of the least affordable housing markets in the world. A region with an estimated 7.49 million people, it has become increasingly difficult to purchase a home in Hong Kong. The spoken languages in Hong Kong are Cantonese, Mandarin, and English.

Hong Kong housing market

The housing market in Hong Kong has seen an increase in prices in the past couple years. There are two types of housing unit offers in Hong Kong, private and public. The number of public rental housing units has been consistently rising since 2008. Nearly half of the public rental apartments in Hong Kong as of March 2018 were between 30 and 39.9 square meters. Not only has the number of public rental housing units increased since 2008, so have the private ones. However, there are more private housing units than public ones in Hong Kong. Additionally, the Home Ownership Scheme exists in Hong Kong. It is a government sponsored program that subsidizes public housing in Hong Kong. First created in the late 1970s, it was instituted with two targets in mind. The first was to persuade the richer tenants of these apartments to leave so families in greater need could live there. The second was to allow these families to become home owners, since they did not have enough money to buy in the private sector. Under this program, the government sells apartments to qualified low-income tenants at prices below the market value.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.

In 2018, the average prime property price in Hong Kong was **** million U.S. dollars. Shanghai and Moscow had the next highest prime property prices at **** and **** million U.S. dollars respectively.

In 2020, Hong Kong had the most expensive residential property market worldwide, with an average property price of 1.25 million U.S. dollars. The government of Hong Kong provide public housing for lower-income residents and almost 45 percent of the Hong Kong population lived in public permanent housing in 2018.

Housing Index in Hong Kong increased to 143.46 points in November 23 from 142.49 points in the previous week. This dataset provides - Hong Kong House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Average House Prices in Canada increased to 688800 CAD in October from 687600 CAD in September of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

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Panelized Modular Building Systems Market Size 2024-2028

The panelized modular building systems market size is forecast to increase by USD 47.7 billion at a CAGR of 7.08% between 2023 and 2028.

The market is experiencing significant growth due to several key factors. One of the primary drivers is the cost efficiency associated with these systems. Panelized construction, using engineered wood products and plywood, allows for faster build times and reduced labor costs, making it an attractive option for developers and construction companies. Additionally, there has been an increase in mergers and acquisitions among companies In the industry, leading to consolidation and increased competition. However, there are challenges facing the market as well. Skepticism towards modular construction persists, with some stakeholders expressing concerns about the durability and quality of these buildings. Addressing these concerns through education and innovation will be crucial for the continued growth of the market.

What will be the Size of the Panelized Modular Building Systems Market During the Forecast Period?

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The market is experiencing significant growth due to the increasing demand for energy-efficient structures in various sectors. Prefabricated homes, constructed using structural insulated panels, are gaining popularity In the low-cost housing and public housing units segments. Simultaneously, the luxury apartment and high-rise building markets are embracing panelized modular systems for their speed of construction and cost savings. In the residential infrastructure domain, general contractors and developers are increasingly adopting offsite construction methods, including prefabricated construction, to enhance efficiency and reduce waste. Sustainable construction practices are driving the market, with panelized modular systems offering advantages in terms of energy efficiency and reduced environmental impact.



Modular factories are leveraging cloud computing strategies to optimize production processes and improve collaboration with clients. The banking market and mobile devices are also influencing the market, with digital platforms facilitating financing and design processes. Panelized modular systems encompass complete 3D parts, including walls, roof panels, and floors, made from diverse materials such as timber frame, concrete, and other advanced composites.

How is this Panelized Modular Building Systems Industry segmented and which is the largest segment?

The panelized modular building systems industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Residential
  Commercial
  Industrial


Material

  Wood
  Metal
  Concrete
  Composite


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  South America



  Middle East and Africa

By End-user Insights

The residential segment is estimated to witness significant growth during the forecast period.

The market is experiencing growth due to the increasing adoption of modular construction for various projects, including public housing units, luxury apartments, and high-rise buildings. Modular construction offers cost savings through efficient fabrication processes, reducing construction time, labor costs, and material waste. In India, Magicrete, a manufacturer of AAC blocks, construction chemicals, and precast construction solutions, completed a 1008-unit mass housing project using their 3D modular precast construction system. This project achieved cost parity with traditional construction methods while cutting construction time by up to 40%. This innovation showcases the potential of precast concrete technology to enhance housing accessibility and reduce construction costs.

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The residential segment was valued at USD 45.90 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 46% to the growth of the global market during the forecast period.

Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The panelized modular building system market In the Asia Pacific (APAC) region is experiencing significant growth due to several factors unique to the area. Rapid urbanization and increasing infrastructure needs are driving the demand for efficient, cost-effective, and sustainable construction solutions. Panelized modular

Graph and download economic data for All-Transactions House Price Index for Seattle-Bellevue-Kent, WA (MSAD) (ATNHPIUS42644Q) from Q4 1975 to Q3 2025 about Seattle, WA, appraisers, HPI, housing, price index, indexes, price, and USA.

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Luxury Chandeliers Market Size 2024-2028

The luxury chandeliers market size is forecast to increase by USD 1.11 billion at a CAGR of 8.06% between 2023 and 2028. The market is experiencing significant growth, driven by evolving design concepts leading to premiumization. Consumers are increasingly seeking unique and high-end lighting solutions to enhance the aesthetic value of their living spaces. In addition, the growing demand for stylish and functional furniture is contributing to the market's expansion, as lighting is often used to complement and highlight modern furniture designs. This trend towards premium home decor, including both lighting and furniture, is fueling the demand for more sophisticated, design-driven products. Additionally, the demand for energy-efficient decorative lighting is on the rise, as more individuals prioritize sustainability in their home decor choices. Furthermore, there exists a perceived value gap in the decorative lighting market, with consumers willing to pay a premium for luxury chandeliers that offer superior craftsmanship, design, and functionality.

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In the market, medieval influences continue to inspire modern design, with wrought iron and wood chandeliers evoking the grandeur of the Fourteenth century. Once a staple of churches, monasteries, and castles, these elegant fixtures have found a new home in elite homes. Chandeliers have evolved from simple sources of light, relying on candles, to sophisticated focal points providing ambient illumination. Size and finishes are essential considerations in today's luxury chandelier market. Property values are enhanced by these statement pieces, which can be customized to fit various spaces, from dining rooms and living rooms to bedrooms. Energy efficiency is a priority, with LED light bulbs becoming increasingly popular.

Sophistication and style are at the heart of luxury chandelier designs, which range from classic to contemporary. Customization options abound, allowing consumers to create unique pieces that reflect their personal taste. LED chandeliers offer energy efficiency while maintaining the elegance and atmosphere that have made these fixtures a desirable addition to any home. Showsun Lighting and other leading brands continue to push the boundaries of design, offering customized chandeliers that are as much works of art as they are functional lighting solutions.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Distribution Channel

  Offline
  Online


End-user

  Residential
  Commercial


Geography

  Europe

    Germany
    UK


  North America

    Canada
    US


  APAC

    Japan


  South America



  Middle East and Africa

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period. In the Medieval times of the Fourteenth century, chandeliers were a symbol of grandeur and elegance, primarily found in churches, monasteries, and castles. These early chandeliers were often made of wrought iron or wood, with candles providing a source of light. As we moved into the Eighteenth century, chandeliers evolved, with the introduction of lead crystal, which added a new level of sophistication and class. Today, chandeliers continue to be a focal point in elite homes, providing ambient illumination and enhancing the atmosphere of a room. Designers and craftsmen offer customized chandeliers in various sizes, finishes, and styles, catering to the unique needs and preferences of homeowners.

With the shift towards energy efficiency, LED light bulbs have become a popular choice, offering cost savings and longer lifespan. Chandeliers are not just lighting fixtures; they add beauty and style to any space, increasing the property value. Whether it's a dining room, living room, or bedroom, a well-designed chandelier can create a stunning visual effect and set the mood for any occasion. With a wide range of designs and customization options available, chandeliers continue to be a timeless addition to any property.

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The offline segment was valued at USD 1.83 billion in 2018 and showed a gradual increase during the forecast period.

Regional Insights

Europe is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Luxury chandeliers have become statement pieces in modern homes, adding elegance and sophistication to any space. Showsun Ligh

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

Graph and download economic data for All-Transactions House Price Index for California (CASTHPI) from Q1 1975 to Q3 2025 about appraisers, CA, HPI, housing, price index, indexes, price, and USA.

The Luxury Accommodation industry has endured significant turbulence over the past five years, primarily due to shocks and ongoing impacts associated with the pandemic. Strict travel bans in 2020 led to a heavy reliance on domestic tourist traffic, causing sharp declines in revenue and profitability across the sector. Occupancy rates fell from 79.2% to 50.8% between 2018-19 and 2020-21, while RevPAR dropped by 42.2%. The industry also experienced a drop in employment, particularly among casual workers. However, the industry has shown resilience with rebounding occupancy rates and increased RevPAR driven by pent-up demand and the easing of travel restrictions. Employment levels have since surpassed pre-pandemic benchmarks, propelled by the reopening of international borders. The industry has also witnessed a flurry of new luxury hotel openings, placing further upwards pressure on employment numbers due to increasing labour demand. Despite a cost-of-living crisis causing a dip in domestic demand, occupancy rates and RevPAR have reached record highs, pushing up profit margins towards historical pre-pandemic levels. Overall, industry revenue is expected to grow at an annualised 6.8% over the five years through 2024-25, to total $8.8 billion. This trend includes an anticipated rise of 1.4% in 2024-25. The industry’s future will be shaped by several key factors, with inbound tourists from affluent markets expected to drive growth. However, the challenge will be to capture high-spending visitors through innovative marketing campaigns and loyalty programs. With more luxury hotels set to open over the next five years, incumbent establishments will need to find strategies to avoid complications associated with increasing market saturation and growing competition. However, improving domestic economic conditions should enhance demand from domestic travellers. Businesses that can achieve occupancy rates of 80.0% and above will be key to maintaining strong profit margins. Industry revenue is forecast to grow at an annualised 3.8% over the five years through 2029-30, to total $10.6 billion.

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China Floor Covering Market Size 2024-2028

The China floor covering market size is forecast to increase by USD 4.11 billion at a CAGR of 6.8% between 2023 and 2028.

The market is experiencing significant growth due to several key trends. The rapid expansion of the construction industry is driving market demand, as new residential and commercial projects continue to emerge. Another notable trend is the increasing preference for waterproof floor coverings, particularly in regions prone to flooding or high humidity. Additionally, the rising prices of raw materials, such as rubber and PVC, are impacting market costs. These factors, among others, are shaping the dynamic landscape of China's floor covering market.

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The market exhibits strong growth, driven by the expanding commercial sector and increasing demand for modern, durable, and water-resistant flooring solutions. Office spaces and workplaces prioritize contemporary flooring options, such as carpet tiles and resilient vinyl, for their flexibility and stain resistance. In residential settings, affordable and eco-friendly flooring materials, including polyester carpet and laminate, are popular choices for living rooms and bedrooms.



Industrial and high-traffic areas often require durable, stain-resistant flooring, such as polypropylene carpet and industrial carpeting. Flooring trends lean towards minimalist and modern designs, with an emphasis on flexible and stain-resistant materials, as well as sustainable and eco-friendly options. Floor covering materials continue to evolve, offering a wide range of styles, from rustic and traditional to luxury vinyl and laminate, catering to diverse design preferences and functional requirements.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Residential
  Commercial


Product Type

  Carpet and rug
  Luxury vinyl flooring (LVF)
  Ceramic tile
  Wood
  Others


Geography

  China

By Application Insights

The residential segment is estimated to witness significant growth during the forecast period.

The market, particularly the residential segment, is witnessing significant growth due to urbanization, increasing disposable income, and evolving consumer preferences. With the expansion of the construction industry, especially in residential housing, the demand for versatile and cost-effective flooring solutions is surging. Homeowners are investing in high-quality floor coverings to enhance the visual appeal and functionality of their living spaces. Notable trends include the popularity of durable, aesthetically pleasing flooring options such as laminate, luxury vinyl tiles, and engineered hardwood. These materials offer a combination of style, practicality, and sustainability, making them preferred choices for Chinese consumers.

Furthermore, the market continues to innovate with eco-friendly flooring solutions, including renewable resources, porcelain tile, and rubber flooring, as well as smart home technologies like voice-activated assistants and smart lighting. The market is also seeing growth in customized flooring goods, modular systems furniture, and commercial development projects.

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The residential segment was valued at USD 7.03 billion in 2018 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of China Floor Covering Market?

Rapid growth in the construction industry is the key driver of the market.

The market encompasses a wide range of products, including carpet, vinyl flooring, and resilient flooring. Cost-effective and high-quality floor covering solutions have gained significant traction in both the residential and commercial sectors. In the residential sector, housing industry growth and increasing disposable income have fueled the demand for premium flooring products, such as engineered hardwood flooring, carpet tiles, and eco-friendly flooring. In the commercial industry, innovation and customization are key drivers, with modular systems furniture, smart home technologies, and sustainable flooring options becoming increasingly popular. The construction industry, a significant end-user, is undergoing rapid expansion, with non-residential construction activities, such as co

In 2018, the median price paid for a luxury single-family home on Kauai, Hawaii was *** million U.S. dollars. Luxury homes were defined as those in the top ten percent of the market in terms of price.

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Civil Engineering Market Size 2024-2028

The civil engineering market size is forecast to increase by USD 2.57 billion at a CAGR of 3.9% between 2023 and 2028.

The market is experiencing significant growth, driven by the surge in construction activities in developing countries. This trend is expected to continue as infrastructure development remains a priority for many governments. Another key factor fueling market growth is the adoption of intelligent processing in civil engineering projects. This includes the use of technologies such as Building Information Modeling (BIM) and Geographic Information Systems (GIS) to improve project efficiency and accuracy. 
However, the market is also facing challenges, including the decline in construction activities in some regions due to economic downturns and natural disasters. Despite these challenges, the future of the market looks promising, with continued investment in infrastructure development and the ongoing integration of advanced technologies.

What will be the Size of the Civil Engineering Market During the Forecast Period?

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The civil engineering services market encompasses a broad range of construction activities, including social infrastructure, residential, offices, educational institutes, luxury hotels, restaurants, transport buildings, online retail warehousing, and various types of infrastructure projects such as roads, bridges, railroads, airports, and ports. This market is driven by various factors, including population growth, urbanization, and the increasing demand for sustainable and energy-efficient structures. 
Digitalization plays a significant role In the civil engineering sector, with the adoption of digital civil engineering, smart grids, urban transportation systems, industrial automation, parking systems, and IT services. Additionally, there is a growing trend towards the development of zero-energy buildings, insulated buildings, double skin facades, PV panels, and e-permit systems.
Inspection technology and integrated 3D modeling are also becoming increasingly important In the civil engineering industry, enabling more accurate and efficient design and construction processes. The market is expected to continue growing, driven by the increasing demand for infrastructure development and the ongoing digital transformation of the industry.

How is this Civil Engineering Industry segmented and which is the largest segment?

The civil engineering industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Real estate
  Infrastructure
  Industrial


Geography

  APAC

    China
    India


  North America

    Canada
    US


  Europe

    Germany


  Middle East and Africa



  South America

By Application Insights

The real estate segment is estimated to witness significant growth during the forecast period. The real estate market encompasses the development, acquisition, and sale of property, land, and buildings. Global urbanization and infrastructure investment growth have significantly impacted this sector. In particular, the Asia Pacific region has seen rapid expansion in various sectors, such as commercial construction, with India leading the charge. Notably, international real estate development is projected to present opportunities for countries like India, as demonstrated by the October 2021 MoU between the Jammu and Kashmir administration and the Dubai government, focusing on industrial parks, IT towers, and super-specialty hospitals. Civil engineering services play a crucial role in real estate development, with a focus on social infrastructure, residential, construction activities, offices, educational institutes, hotels, restaurants, transport buildings, online retail warehousing, immigration, housing, and construction.

Innovations in green building products, energy efficiency, sustainable construction materials, such as cross-laminated timber, and digital technology are transforming the industry. Key areas of growth include infrastructure, oil and gas, energy and power, aviation, public spending, non-residential construction, healthcare centers, infrastructure projects, and digital civil engineering. Civil engineering firms provide essential services, including rail structures, tunnels, bridges, maintenance services, renovation activities, and energy-efficient products. The real estate segment also includes industrial real estate and housing development, with a shift towards flexible infrastructure, roads, railroads, airports, ports, single-family houses, and home remodeling. The industry is embracing advanced simulation tools, drone technology, and carbon emissions reduction initiatives, such as net-zero energy buildings, pre-fabrica

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Particle Board Market Size 2024-2028

The particle board market size is forecast to increase by USD 4.79 billion at a CAGR of 4% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for this versatile material in various applications. In the realm of furniture manufacturing, particle boards are widely used for their affordability and ease of use. In construction, they are employed in both residential and commercial projects, particularly in affordable housing and modular construction. Sustainable building practices are gaining popularity, and the use of particle boards, which are derived from renewable resources, aligns with this trend. High-end particle boards, which offer enhanced properties like fire retardancy and moisture resistance, are increasingly preferred in high-end applications. The market's growth is driven by the rising number of infrastructural and construction activities and the increasing need for eco-friendly materials. However, the low durability of particle boards remains a challenge that manufacturers must address to maintain market competitiveness. 

What will be the Size of the Market During the Forecast Period?

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The market is a significant segment of the building materials industry, with applications spanning various sectors including furniture and construction. This market encompasses a range of engineered wood products, including laminated particle board, pre-laminated particle boards, low-density fiberboard, and plain particle board. In the furniture industry, particle boards are extensively used due to their affordability and versatility. These wood-based products offer aesthetic appeal and mechanical properties suitable for a wide range of furniture applications. Particle boards are often utilized in DIY projects and home improvement, providing cost-effective alternatives to solid wood.



Furthermore, particle boards are also used as subfloors, offering excellent mechanical properties and dimensional stability. In addition, they are used in renovations of office buildings and other structures. Affordable housing is another key sector where particle boards play a crucial role. Their low cost and ease of use make them an ideal choice for constructing and renovating homes. High-end particle boards, which offer enhanced fire-retardant and moisture-resistant properties, are also gaining popularity in the construction industry. Sustainable building practices are increasingly influencing the market. Manufacturers are focusing on producing particle boards using renewable raw materials and implementing eco-friendly production processes. The versatility, affordability, and mechanical properties of particle boards make them an indispensable part of the building materials industry.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Residential
  Commercial
  Industrial


Geography

  APAC

    China
    India


  North America

    US


  Europe

    Germany
    UK


  Middle East and Africa



  South America

By End-user Insights

The residential segment is estimated to witness significant growth during the forecast period.

Particle board is gaining popularity as a versatile building material due to its various applications and affordable price point. This eco-friendly material is manufactured using wood waste, such as wood chips, sawdust, and shavings, combined with resin. In residential applications, particle board is frequently used as an alternative to plywood or medium-density fiberboard to cut down on construction costs. Particle board is a preferred choice for furniture manufacturing due to its affordability and ease of use. It can be molded into various shapes and sizes, making it ideal for producing a wide range of furniture pieces, from cabinets and wardrobes to tables and chairs.

Furthermore, particle board is utilized in construction for various purposes, including as a substitute for plywood in roofing and wall sheathing. It is also used in the production of modular homes and pre-fabricated buildings, which are becoming increasingly popular for affordable housing solutions. Particle board is available in various grades, including fire-retardant and moisture-resistant options, making it suitable for use in different applications. Sustainable building practices are increasingly important, and particle board production from wood waste contributes to a greener construction industry.

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The residential segment was valued at USD 10.66 billion in 2018 and showed a gradual increase

This dataset contains information pertaining to projects that have been approved since January 1, 2018 for the demolition and replacement of six or more rental units, including affordable, mid-range and high-end units. 1. List only encompasses non-delegated RH applications proposing the demolition or conversion of 6 or more existing rental units and were approved by Toronto City Council after January 1, 2018 2. Approval dates for RH applications with 6 or more rental units are the dates on which applications were approved and adopted by City Council. 3. Affordable Rent is defined as "Housing where the total monthly shelter costs are at or below one times Average Market Rent by unit type, as reported by CMHC"; Mid-Range Rent is "Housing where the total monthly shelter costs exceed Affordable Rent but fall below one and one-half times Average Market Rent by unit type, as reported by CMHC"; and High-End Rent is "Housing where the total monthly shelter costs exceed Mid-Range Rents"

This dataset contains information pertaining to projects that have been approved since January 1, 2018 for the demolition and replacement of six or more rental units, including affordable, mid-range and high-end units. 1. List only encompasses non-delegated RH applications proposing the demolition or conversion of 6 or more existing rental units and were approved by Toronto City Council after January 1, 2018 2. Approval dates for RH applications with 6 or more rental units are the dates on which applications were approved and adopted by City Council. 3. Affordable Rent is defined as "Housing where the total monthly shelter costs are at or below one times Average Market Rent by unit type, as reported by CMHC"; Mid-Range Rent is "Housing where the total monthly shelter costs exceed Affordable Rent but fall below one and one-half times Average Market Rent by unit type, as reported by CMHC"; and High-End Rent is "Housing where the total monthly shelter costs exceed Mid-Range Rents"