Canada Mortgage and Housing Corporation is reporting a 35 per cent decline in housing starts in Hamilton last month.
CMHC says construction began on 206 homes in the city in June, down from 319 in June of last year.
Construction of single-detached homes in Hamilton remained strong, with 101 recorded last month compared to 84 in June 2016.
Get breaking National news
Housing starts in Niagara remained virtually unchanged year over year.
“All regions are on pace to surpass construction levels from 2016 except for British Columbia,” said CMHC chief economist Bob Dugan.
- ‘Signal of hope’: Pressure mounts to open long-unused space at Kelowna General Hospital
- Saskatoon Dragonfly delivery drivers continue strike, citing unfair work conditions
- Family decries sentence for man convicted in fatal stabbing of teen on Surrey bus
- Saskatchewan paramedic recruitment still lags behind, Saskatoon conference flags
-
![]()
Russian snipers using Canadian rifles in Ukraine despite sanctions -
![]()
Is your personal information at risk after staggering data leak? -
![]()
Difficult efforts to revoke Canadian citizenship of man convicted of terrorism offence -
![]()
Feds, Nova Scotia invest $13.8M to support workers, employers impacted by tariffs
Total housing starts in Toronto fell by 22 per cent last month compared to June 2016.
CMHC says limited resale supply in combination with strong home buying demand in Toronto have led more buyers to purchase pre-construction units.
Comments
Want to discuss? Please read our Commenting Policy first.