Canadian housing starts fall 16% in August -CMHC

Canadian housing starts down 16% in August: CMHC

National housing agency data show drop in housing starts was steeper than expected

Canadian housing starts fall 16% in August -CMHC

CMHC reports annual pace of housing starts in August down 16 per cent from July

OTTAWA - Canada Mortgage and Housing Corp. says the annual pace of housing starts in August fell 16 per cent compared with July.

Housing Starts Fall 16% In August, Pointing To Construction Slowdown

August represented one of the weaker months this year for housing starts, according to the latest data from the Canada Mortgage and Housing Corporation (CMHC). At the national level, the total monthly seasonally adjusted annual rate (SAAR) of starts fell 16% last month, compared to a 4% increase in July. This marks the largest SAAR decline so far this year and puts the metric well below the six-month trend in housing starts, which increased 1.6%…

Region's annual pace of housing starts in August drops 65 per cent from July, CMHC says

Ottawa-Gatineau’s annual pace of housing starts in August plummeted 65 per cent compared with July, the Canada Mortgage and Housing Corp. says. The national housing agency says the region’s seasonally […]