Housing Starts Slow In February, Tumbling 68% in Toronto And 48% In Vancouver

Retrieved on: 2025-03-17 17:42:51

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Canada Mortgage and Housing Corporation

Seasonally adjusted annual rate

Recession

Mortgage

Housing starts

Affordable housing in Canada

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Housing Starts Slow In February, Tumbling 68% in Toronto And 48% In Vancouver. View article details on hiswai:

Summary

The article discusses the decline in Canadian housing starts reported by CMHC, highlighting drops particularly in multi-family segments in major cities like Toronto and Vancouver. These trends, marked by the SAAR, suggest potential impacts on residential investment and GDP amid recession concerns and mortgage market dynamics.

Article found on: storeys.com

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