OTTAWA — The standalone monthly rate of housing starts (seasonally adjusted) for all areas in Canada was 194,663 units in May, down from 213,498 units in April, according to data from the Canada Mortgage and Housing Corp. The SAAR of urban starts decreased by 10.2% in May to 178,518 units. Multiple urban starts decreased by 10.8% to 118,694 units in May and single-detached urban starts decreased by 8.9%, to 59,824 units. Rural starts were estimated at a seasonally adjusted annual rate of 16,145 units.
Housing starts fall in May
Most Recent
Most Read
Global DIY Summit tackles creating meaningful customer relationships
Fri, June 13th, 2025
EvoX welcomes new member
Fri, June 13th, 2025
Industry descends on Lisbon for Global DIY Summit
Thu, June 12th, 2025
AD Canada marks successful annual meeting
Thu, June 12th, 2025
CTC headquarters to get upgrade
Thu, June 12th, 2025
Throwback Thursday: 20 years ago, Michael Schurman was inducted into the P.E.I. Business Hall of Fame
Thu, June 12th, 2025
Dollarama reports Q1 growth
Thu, June 12th, 2025
Looking for your next new hire? Hardlines Classifieds can help
Thu, June 12th, 2025
Today the Global DIY Summit in Lisbon, Portugal, kicks off!
Wed, June 11th, 2025
AQMAT president seeks municipal office
Wed, June 11th, 2025