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Canadian Housing Starts Rise by 16%

Canadian Housing Starts Rise by 16%

by Phil Hall | Aug 16, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

July housing starts in Canada totaled 279,509 units on a seasonally adjusted annualized rate (SAAR), up 16% from June’s total of 241,643, according to Canada Mortgage and Housing Corporation (CMHC). July’s activity was the highest since June 2023, when they exceeded...

New Initiative Launched to Accelerate Canadian Home Construction

by Phil Hall | Jul 25, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada Mortgage and Housing Corporation (CMHC) has announced its new Frequent Builder framework to speed the creation of affordable and rental homes by expediting the application process for housing providers. The new framework will target experienced housing...

Canadian Housing Starts Decline, Fueled by Urban Markets

by Phil Hall | May 16, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canadian housing starts in April dipped by 1% from March, according to new data from the Canada Mortgage and Housing Corp. (CMHC). Last month’s seasonally adjusted annual rate (SAAR) of housing starts totaled 240,229 units last month, compared to 242,267 in March....

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