Mortgage News
Canadian housing starts relatively stable in July, CMHC reports
Canada Mortgage and Housing Corp. says total housing starts continued to be relatively stable in July.
Published
According to this month's housing report from Canada Mortgage and Housing Corporation (CMHC), the rate of July's housing starts in Canada has stayed relatively stable.
The CMHC estimates 17,993 starts in July, which results in a seasonally adjusted rate of 193,797 starts.
The annual rate of housing starts rose in British Columbia, and decreased in all other regions.