Augusts Canadian Housing Starts Increased

Author: External Author | | Categories: Business Loan , Construction Loan , Private Mortgage , Second Private Mortgage , Self Employed Mortgage

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.

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Original Article Source Credits:   Canada Mortgage and Housing Corporation ,

Article Written By:  NA

Original Article Posted on:  September 9, 2020

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