News

Canadian housing starts eased 1.5 per cent in March, the first decline this year, as builders broke ground on fewer multiple-unit dwellings such as condos. Housing starts fell to 197,300 units, on ...
For urban multiple units, including condominiums, the seasonally adjusted annual rate of starts decreased 20.7 per cent to 95,600 units in March compared with 120,600 units in February.
Urban starts were up by 14.6 per cent, led by a 22.2 per cent rise in multiple urban starts such as condos to 114,346 units. Despite the one-time uptick, CMHC said the trend was essentially flat.
Housing starts in Canada reached 189,784 units in July, compared to 185,952 in June, says the Canada Mortgage and Housing Corporation. “The trend in construction has increased modestly in recent ...
Canada Mortgage and Housing Corp. says the pace of housing starts rose in June, driven by urban multiple starts – condos, apartments and the like. The federal agency estimates there were 20,327 ...