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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…
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US Residential Construction Spending: February 2016
Private residential construction spending reached the highest rate since November 2007, said the National Association of Home Builders Friday. US Private Residential Construction Spending: February 2016 NAHB analysis of Census Construction Spending data shows that total private residential construction spending for February increased to a seasonally adjusted annual rate of US$448 billion, up by 0.9…
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Canada Investment in New Construction: Jan 2016
Investment in new residential building construction increased 3.9 per cent year over year to $3.7 billion in January, according to Statistics Canada Monday. Nationally, the increase was driven by higher spending on apartment and apartment-condominium buildings (+19.9 per cent) and row houses (+7.6 per cent) in January. Conversely, investment in single-family dwellings fell 4.0 per…
