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Canada Housing Starts: December 2015
Canadian housing starts fell more than expected in December from a month ear- lier as construction of multiple units, typically condominiums, dropped sharply, the national housing agency reported on Monday. The Canadian Mortgage and Housing Corp indicated the seasonally adjusted an- nualized rate of housing starts dropped to 172,965 units in December from an up–…
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Housing Starts, Canada: August 2015
Housing starts in Canada rose 12.2 per cent to an annual rate of 216,924 units in August, surpassing expectations, reflecting a jump in condo activity in Toronto, Canada’s largest city. Urban starts rose 13.6 per cent last month to 201,312 units, Canada Mortgage and Housing Corp said Wednesday. In the urban segment, multi-unit starts rose…
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Housing Starts, Canada: July 2015
The latest report from the Canadian Mortgage and Housing Corp, released Tuesday, showed the seasonally adjusted annualized rate of housing starts fell to 193,032 in July from a downwardly revised 202,338 units in June. With the six-month trend at 185,586 starts, analysts said homebuilding has settled into a pace that meets demographic demand, seemingly unaffected…
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Canada Housing Starts: June 2015
Canada’s June housing starts rose more than expected from May to an 11-month high. The seasonally adjusted annualized rate of housing starts rose to 202,818 in June, compared to the downwardly revised 196,981 units in May, according to the Canadian Mortgage and Housing Corporation Thursday. Home Building and Permits, Canada Urban starts largely drove the…
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Canada Housing Starts: May 2015
Canadian residential building activity accelerated in May to the fastest in 10 months, driven by condominium construction. Builders began work on an annualized 201,705 homes last month, up 10 per cent from April and the most since July, the Canada Mortgage & Housing Corp. said Monday Annualized multiple-unit construction in urban centers rose 17 per…
