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Canada's national housing agency predicts a slowndown in housing construction, ET RealEstate

Housing starts will fall to 224,485 units this year from 240,267 in 2023, the Canadian Mortgage and Housing Corporation (CMHC) forecast in its Housing Market Outlook document. ....

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Housing Starts In Canada: Canadian housing starts dive as higher rates bite, ET RealEstate

Housing Starts In Canada: The seasonally adjusted annualized rate of housing starts fell to 212,624 units from a downwardly revised 272,264 units in October, the Canadian Mortgage and Housing Corporation (CMHC) said. ....

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Canadian housing starts jump 41% in June

Canadian housing starts rose 41% in June compared with the previous month, the largest increase in the last 10 years, led by groundbreaking on multiple unit urban homes, data from the national housing agency showed on Tuesday. The seasonally adjusted annualized rate of housing starts rose to 281,373 units in June from a revised 200,018 units in May, the Canadian Mortgage and Housing Corporation (CMHC) said. ....

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