Housing Starts
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Single-home construction down in Kelowna, but multi-units up: CMHCAccording to the CMHC, nationwide housing starts in March 2024 were down seven per cent from February 2024.CanadaApr 16
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Housing starts in Canada fall 7% in March from previous month, CMHC saysThe national housing agency says the seasonally adjusted annual rate of housing starts amounted to 242,195 units in March compared with 260,047 in February.CanadaApr 16
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Canadian housing starts rose 14% in February, CMHC saysThe annual pace of housing starts in February climbed 14 per cent compared with January, in the country, Canada Mortgage and Housing Corp. says.CanadaMar 15
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Toronto housing starts surged in January but fell in Vancouver, MontrealCanada Mortgage and Housing Corp. (CMHC) says the annual pace of housing starts in January fell 10 per cent compared with December.EconomyFeb 15
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Canadian housing starts jumped 18% in DecemberThe national housing agency says the seasonally adjusted annual rate of housing starts for December was 249,255 units, up from 210,918 in November.EconomyJan 16
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Liberal homebuilding goals ‘simply not achievable’ despite rising pace of startsCanadian homebuilders are showing 'resilience' under the weight of higher interest rates, but some economists say it's not enough to achieve the Liberals' housing goals.EconomyNov 16, 2023
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Single-family housing starts picked up pace amid overall slowdown in AugustCanadian homebuilders slowed the pace of housing starts in August, according to the CMHC, particularly among multi-unit builds in urban areas.EconomySep 18, 2023
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Peterborough city and county on track to miss provincial housing targetsThe Peterborough and the Kawarthas Home Builders Association (PKHBA) says the city needs 930 new homes built every year from 2021 to 2031.EconomyJul 28, 2023
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London, Ont. rental affordability to worsen despite housing starts increaseThe Canada Mortgage and Housing Corporation is expecting an increase in housing starts for London, but it won't be enough to relieve pressure on the rental market.EconomyApr 27, 2023
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High interest rates are slowing homebuilding, but the worst is yet to comeThe pace of Canadian homebuilding is slowing from its pandemic highs under the weight of higher interest rates, a new report shows.MoneyApr 19, 2023
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