The national trend in housing starts increased for a third consecutive month in August. Higher multi-family starts in Ontario, including Toronto, drove the national increase. We expect national starts to trend lower by the end of 2020 as a result of the negative impact of COVID-19 on economic and housing indicators.

Read More

Original Article Source Credits:   Canada Mortgage and Housing Corporation , https://www.cmhc-schl.gc.ca/

Article Written By:  NA

Original Article Posted on:  September 9, 2020

Link to Original Article:  https://www.cmhc-schl.gc.ca/en/housing-observer-online/2020-housing-observer/augusts-canadian-housing-starts-increased