OTTAWA, Ontario – Canada’s total housing starts declined 267,055 units in October, down 11% from a September high of 298,811 units, according to the Canada Mortgage and Housing Corporation (CMHC).
The Canadian Mortgage and Housing Corporation reported that 2021 housing starts were trending at 281,339 units in January, up 22.7% from 229,350 units in December.
OTTAWA, Ontario -- Housing starts in Canada reached 245,657 units in June, up 26 percent from 196,809 units in May, according to the Canada Mortgage and Housing Corporation (CMHC).
The spike in seasonally adjusted annual rates (SAAR) of housing starts for all of Canada was led a 31 percent increase of multi-dwelling urban home starts to 185,804. Meanwhile, single-detached urban starts increased 8 percent to 48,434 units, CMHC reported.
Housing starts in Canada dipped by an almost imperceptible 0.6% in April to a seasonally adjusted annual rate of 183,515 units, according to the Canada Mortgage and Housing Corporation (CMHC).
Canadian housing starts opened the year trending at 191,456 units in January compared to 194,518 in December, according to Canada Mortgage and Housing Corporation (CMHC).
Canadian housing starts barely moved in December, declining by an almost imperceptible 670 units to 195,760 units (-0.3% from November), according to the Canada Mortgage and Home Corporation (CMHC).
Canadian homes are getting smaller and more are being lived in by only one person, according to the 2013 Canadian Housing Observer, an annual state-of-housing review just released by Canada Mortgage and Housing Corporation (CMHC).
Housing starts in Canada were trending at 194,014 units in November compared to 195,274 in October, a 0.6% decline, according to Canada Mortgage and Housing Corporation (CMHC).
Housing starts in Canada should stay on a steady track in 2014, according to the Canada Mortgage and Housing Corporation's latest Housing Market Outlook.
Canada Mortgage and Housing Corporation (CMHC) expects total housing starts to be stable in 2014, as fundamentals, such as employment growth and migration, continue to support the Canadian housing market, according to CMHC’s fourth quarter 2013 Housing Market Outlook, Canada Edition.