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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…
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Housing Starts, Canada: April 2015
The Canadian Mortgage and Housing Corp reported May 8 that the seasonally adjusted annualized rate of housing starts fell to 181,814 in April from a downwardly revised 189,546 units in March. Canada Housing Starts In Canada, condo starts slipped 14.2 per cent to 107,216, said the CMHC. Single-detached starts rose 11.4 per cent to 58,229.…
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Canada Housing Permits: March 2015
The total value of Canadian building permits rose 11.6 per cent from a month earlier to $6.9 billion in March, said Statistics Canada Thursday. This was the first increase in three months. Higher construction intentions for non-residential buildings in British Columbia and Alberta and for multi-family dwellings in Ontario and British Columbia were responsible for…
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Canada Housing Starts: March 2015
Canadian housing starts rose much more sharply than expected in March as groundbreaking on new condominiums and apartments in urban areas surged 48.2 per cent, while February numbers were revised slightly lower, data showed on Friday. The report from the Canadian Mortgage and Housing Corp showed the seasonally adjusted annualized rate of housing starts rose…
