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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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Canada Building Permits: September 2015
Municipalities issued $7.1 billion worth of building permits in September, down 6.7 per cent from the previous month, said Statistics Canada Friday. This was the second consecutive monthly decline. Lower construction intentions for residential buildings and commercial structures in Ontario largely explained the decline. Building Permits, Canada The value of residential building permits declined 11.6…
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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 Building Permits: June 2015
The total value of Canadian building permits rose 14.8 per cent to $7.7 billion in June, following a 13.9 per cent decrease in May, said Statistics Canada Friday. The increase in June was mainly attributable to higher construction intentions for multi-family dwellings in Quebec, Alberta, and Ontario, as well as institutional buildings in Alberta and…
