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Canada New Housing Price Index: May 2017
Toronto, ON, and Vancouver, BC, were largely responsible for a 0.7 per cent monthly rise in new house prices in Canada in May, said Statistics Canada Thursday. Toronto was the largest contributor to the national gain, rising 1.1 per cent from April to May. Builders linked higher prices to market conditions, a shortage of developed…
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Canada Building Permits: March 2017
The value of building permits issued by Canadian municipalities fell 5.8 per cent to $7 billion in March, marking a second consecutive monthly decrease, said Statistics Canada May 9. Nationally, the decline was mainly the result of lower construction intentions for multi-family dwellings, particularly in British Columbia and Ontario. All provinces and territories, except Ontario…
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Canada Housing Starts: July 2016
The Canadian housing starts report from the Canada Mortgage and Housing Corp released Tuesday showed the seasonally adjusted annualized rate of housing starts declined to 198,395 in July, down from a revised 218,326 in June. Construction of multiple units fell 13.3 per cent. Housing Starts, Canada The expected fallback in Canadian housing starts in June…
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Housing Starts Canada: May 2016
Canadian Mortgage and Housing Corp said Monday the seasonally adjusted annualized rate of Canadian housing starts rose to 218,333, or 17 per cent, in June from a revised 186,709 in May. Canada Housing Starts Housing starts in Toronto totalled an annualized 45,848 in June, the highest since March, said CMHC. Vancouver re– corded a…
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Canada Housing Construction Investment: March 2016
Investment in new Canadian residential construction totalled $3.8 billion in March, up 9.7 per cent from the same month a year earlier, said Statistics Canada Friday. At the national level, higher spending on apartment and apartment-condominium buildings, which rose 19.9 per cent to $1.4 billion, and single-family dwellings, which increased 5.9 per cent to $1.9…
