The annualized pace of housing starts in Canada rose by 1.0 percent to 274,681 units in October, according to the Canada Mortgage and Housing Corp., from 270,669 units the previous month. The rate of urban starts increased 2.0 percent, with 257,357 units recorded. Total starts were down 43 percent in Montreal and 24 percent in Toronto, while Vancouver recorded an increase of 35 percent, driven by the multi-unit segment. The rate of rural starts was estimated at 17,324 units.
Housing starts edge up in October
Most Recent
Most Read
Hardlines Conference concludes with panel discussion
Fri, October 25th, 2024
RONA Lachine, Quebec, celebrates grand opening of new warehouse
Fri, October 25th, 2024
Newfoundland Castle dealer wins small business award
Fri, October 25th, 2024
Retail sales rise in August
Fri, October 25th, 2024
Strongman kicks off final day of Hardlines Conference
Thu, October 24th, 2024
West Fraser reports Q3 loss
Thu, October 24th, 2024
Bank of Canada cuts its key interest rate
Thu, October 24th, 2024
Top hardware and home improvement retailers honoured from across Canada
Wed, October 23rd, 2024
Hardlines Conference concludes day one
Wed, October 23rd, 2024
Bélanger unveils rebrand, new products
Wed, October 23rd, 2024