The seasonally adjusted annual rate1 of housing starts was 189,100 units in May, according to Canada Mortgage and Housing Corporation (CMHC), down from a revised 201,800 units in April.

Canada's seasonally adjusted annual rate of housing starts climbed to 201,700 units in April, according to Canada Mortgage and Housing Corporation (CMHC), up slightly from a revised 199,200 units in March.