Toronto, Vancouver Weigh on Housing Starts in First Half of Year: CMHC

Date:

Toronto, Vancouver Weigh on Housing Starts in First Half of Year: CMHC

New homes are constructed in Ottawa on Aug. 14, 2023. The Canadian Press/Sean Kilpatrick

Canada Mortgage and Housing Corp. says growth in overall housing starts was flat during the first half of the year compared with 2024, though there were significant regional differences.

The agency says cities like Calgary, Edmonton, Montréal, Ottawa and Halifax built homes at paces that were either at or near records or in line with historical averages in the first half of the year, led by the construction of rental apartments.

spot_imgspot_imgspot_img

Share post:

More like this
Related

US Stocks Surge, Oil Crashes as Trump Says US, Iran Have Had Productive Talks

BusinessBreakingThe Department of War has been instructed to postpone...

1 Stabbed, 3 Hospitalised After 30-Man Brawl During Muslim Celebration

The incident comes amid broader scrutiny of assimilation and...

7 Killed in Qatar Helicopter Crash Due to Technical Malfunction, Authorities Say

Middle EastA locator map for the Persian Gulf and...

Senator Admits Voters Rejected Liberal Party After Massive One Nation Swing in SA

‘It’s very grim, but it could have been worse....