Following a sluggish March, housing starts shot up across Canada in April. But new data from the CMHC suggests the upward trajectory may be short lived. CMHC_ca | realestatenews housingstarts housing Canada
, housing starts shot up across Canada in April. But the upward trajectory may be short lived., the seasonally adjusted annual rate of housing starts rose to 261,559 units in April, a 22% increase from March.
On a local level, Vancouver , Toronto , and Montreal all recorded an increase in total housing starts. In the latter two cities, declines in single-detached starts were offset by sizeable increases in multi-unit starts, while Vancouver experienced increases in both segments.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
April's national home sales up 11.3% from March: CREANational home sales jumped by 11.3 per cent between March and April as the real estate market picked up again, but supply remained at a 20 year-low, the Canadian Real Estate Association said Monday.
Read more »
April's national home sales up 11.3% from March: CREAThe association says seasonally\u002Dadjusted sales for the month totalled 38,164 compared with 34,277 in March.
Read more »
April's national home sales up 11.3% from March: CREAThe Canadian Real Estate Association says national home sales jumped by 11.3 per cent between March and April as the real estate market picked up again
Read more »
Most and least expensive homes sold in Burnaby in March and AprilIn the past two months, the cheapest Burnaby apartment sold was $389,000, while the most expensive detached home was $4.17 million.
Read more »
Canadian grocery costs rose 9.1% in April, a slight decline from March - BNN BloombergThe cost of groceries in Canada climbed 9.1 per cent in April, marking a gradual slowdown from the month prior, according to data released from Statistics Canada on Tuesday.
Read more »
Man wanted following sexual assault in Toronto’s Riverside neighbourhoodThe incident happened in the area of Dundas Street East, west of Broadview Avenue, at around 12:40 p.m. on Saturday.
Read more »