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Canada's housing starts rose 4.5% in February 2026, signaling a gradual recovery amid low rates and strong demand, while inflation eased to 1.8%.
Canada's housing starts rose 4.5% in February 2026, marking the second consecutive monthly increase and signaling a gradual recovery in residential construction.
The gain, driven by both single-family and multi-unit projects, follows steady demand, low mortgage rates, and population growth, though high costs and labor shortages remain challenges.
Meanwhile, inflation eased to 1.8% in February, down from a higher rate a year earlier, with core inflation also slowing, suggesting persistent but declining price pressures.
The Bank of Canada kept its key interest rate at 4.5%, with further cuts expected only if inflation continues to trend toward the 2% target.
Los inicios de vivienda en Canadá aumentaron un 4,5% en febrero de 2026, lo que indica una recuperación gradual en medio de tasas bajas y una fuerte demanda, mientras que la inflación disminuyó al 1,8%.