Tag Archives: CMHC

June housing starts increase

Trending housing starts for June are slightly up from the previous month, according to Canada Mortgage and Housing Corporation (CMHC).

“The trend in housing starts has been stable since March 2014, down from the range of 191,000 to 196,000 seen between September 2013 and February 2014,” said CMHC’s Bob Dugan. “This is in line with CMHC’s analysis indicating the new home construction market in Canada is headed for a soft landing in 2014.”

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