US EditionCMHC reports annual pace of housing starts slowed in March
- The annual pace of housing starts in Canada slowed in March, reaching 214,155 units, according to Canada Mortgage and Housing Corp.
- Starts in centres with populations over 10,000 decreased by 2.8% to 203,285 in March compared to February.
- Single-Detached home starts rose by 1% to 43,012 in March, while starts for other homes fell by 4% to 160,273.
- The six-month moving average of housing starts fell by 0.7% to 235,316 in March.
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CMHC Reports Annual Pace of Housing Starts Slowed in March
Canada Mortgage and Housing Corp. says the annual pace of housing starts in March slowed compared with February. The national housing agency says the seasonally adjusted annual rate of housing starts came in at 214,155 units in March, down from 221,405 in February. The change came as the annual pace of starts in centres with a population of 10,000 or greater fell 2.8 percent to 203,285 compared with 209,093 in February. The annual pace of starts…
·New York, United States
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Leaning Left4Leaning Right1Center2Last UpdatedBias Distribution57% Left
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C 29%
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