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Flat May on the Housing Start Front - On-Site Magazine

Summary by On-Site Magazine
Housing Starts in Canada – All Areas. (CNW Group/Canada Mortgage and Housing Corporation) With a gain of less than one per cent in the six-month trend and a drop of 0.2 per cent in the monthly figure, Canada Mortgage and Housing Corporation (CMHC) is reporting a flat month in housing starts for May. The six-month trendline based on the seasonally adjusted annual rates (SAAR) came in at 243,407 units, while May’s monthly SAAR slid to 279,510 unit…

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Newswire broke the news in on Monday, June 16, 2025.
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