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CMHC reports annual pace of housing starts edged lower in August
CMHC said modest gains in Quebec and Alberta were not enough to offset declines in other provinces, including Ontario, as the national pace slipped 0.1%.
Canada Mortgage and Housing Corp reported the annual pace of housing starts reached 229,046 units in August, falling from 229,360 in July.
CMHC deputy chief economist Kevin Hughes noted that housing starts continued to trend slightly lower throughout August as the market faced ongoing downward pressure.
While Quebec and Alberta saw modest construction gains, activity in other provinces slowed, with Ontario experiencing the most notable decline.
In centres with populations of 10,000 or more, actual monthly housing starts reached 17,691 in August, down from 18,112 in August 2025, while rural starts totaled 11,224.
The six-month moving average of the seasonally adjusted annual rate of total housing starts for all areas in Canada was 244,149, down 1.3 per cent from July.
OTTAWA, ON, Sept. 16, 2026 /CNW/ -- The six-month trend in housing starts decreased by 1.3% in August compared to July and July, when the number of housing starts fell by 1.3%.