1% decrease in Canada's annual housing starts pace, with 240,229 units in April, down from 242,267 in March.
CMHC reports a 1% decrease in Canada's annual housing starts pace, with 240,229 units in April, down from 242,267 in March. Urban starts dropped from 220,358 units to 220,123, with multi-unit urban starts falling 1% to 178,462 and single-detached urban starts rising 2% to 41,661. Rural starts were estimated at 20,106 units, and the six-month moving average of the monthly seasonally adjusted annual rate decreased 2.2%.
May 15, 2024
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