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Housing Starts Move Higher in February

OTTAWA, March 10, 2008 — The seasonally adjusted annual rate1 of housing starts was 256,900 units in February, up from 222,700 units in January, according to Canada Mortgage and Housing Corporation (CMHC). 

“New home construction in February was boosted by the significant rise in multiple-family starts,” said Bob Dugan, Chief Economist at CMHC’s Market Analysis Centre. “The robust results achieved this month are mainly attributed to increased condominium starts,...
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Housing Starts Move Higher in February



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As Canada's national housing agency, CMHC have some of the best, most objective information available. Let us help you save time, save money, and answer the questions that come with buying or renovating and maintaining your home.
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