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

Beijings Bid to Block US Sanctions on Chinese Refineries Will Have Limited Impact, Analysts Say

The Shanghai Gaoqiao refinery in Shanghai on March 22,...

3 Women Arrested as ISIS Brides and Children Touch Down in Australia

A group of supporters surround an ISIS-linked family as...

Japan Test-Fires Anti-Ship Missile in Major Balikatan Drill Near South China Sea

Japanese army Maj. Gen. Toshikatsu Musha (L) and Japanese...

3 Killed After Small Plane Crashes Into Building in Southeastern Brazil

Firefighters work next to the remains of a plane...