OTTAWA ― Housing starts were at a seasonally adjusted annual rate of 235,460 units in April, according to the Canada Mortgage and Housing Corp., up 22.6% from 191,981 units in March. The SAAR of urban starts increased by 24% to 220,387 units. Multiple urban starts increased by 29.6% to 175,732 units while single-detached urban starts increased by 6% to 44,655 units. Rural starts were estimated at a seasonally adjusted annual rate of 15,073 units.
Housing starts surge in April
Most Recent
Most Read
Grainger begins work on warehouse
Thu, October 03rd, 2024
Port strike could cost U.S. economy billions
Thu, October 03rd, 2024
Small businesses to get carbon rebates
Thu, October 03rd, 2024
Port strikes across North America loom large
Wed, October 02nd, 2024
Minimum wage climbs in four provinces
Wed, October 02nd, 2024
U.S. construction spending dips unexpectedly
Wed, October 02nd, 2024
Canfor announces CEO’s departure
Tue, October 01st, 2024
Meet economist Peter Norman in our latest podcast
Tue, October 01st, 2024
Featured Classified: RONA
Tue, October 01st, 2024
Convenience stores lean on food sales
Mon, September 30th, 2024