In September, Canada's housing starts rose 5% to a seasonally adjusted annual rate of 223,808 units.
In September, Canada's housing starts rose 5% from August, reaching a seasonally adjusted annual rate of 223,808 units, up from 213,012. Urban housing starts increased by 6%, totaling 210,002 units, with multi-unit projects like apartments rising to 163,400 units. Single-detached homes also saw a 5% increase to 46,602 units. However, the six-month moving average of housing starts declined slightly to 243,759 units from August's 246,972.
October 16, 2024
44 Articles