Housing Starts Edge Higher in October According to CMHC
Roch St-Georges 5 years ago

Housing starts in Ontario have increased to 205,925 units according to the latest report published by CMHC (Canadian Mortgage and Housing Corporation).

Economist had expected 200,000 units start in October but we saw an additional 5,925 units. The largest increase in housing starts was in the urban core which climbed 8.6% in October 2018 compared to the same period last year.

Single family urban starts have fallen as land increases in price builders are choosing to built condominiums, apartmen...
Condos Drive Housing Starts in Ottawa
Roch St-Georges 7 years ago

After many slow years for condominium starts in Ottawa and across the country new data from the Canadian Mortgage and Housing Corporation (CMHC) shows a increase in purpose built apartment buildings as well as condominiums starts.

Housing starts on the other hand soared 18% to 253,720 from 214,253 in February. Multi-unit starts are up by 30% in March of 2017.

 

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