CMHC data show permits leading a slowdown in Canadian housing construction [Wealth Professional (Canada)]
Cabot Corporation (CBT)
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Source: Wealth Professional
Canadian housing is flashing warning signs from permits to prices, as construction momentum fades and resale forecasts weaken into 2026. According to Canada Mortgage and Housing Corporation (CMHC), the six-month trend in housing starts fell 2.9 percent in March to 248,378 units, while the total monthly seasonally adjusted annual rate (SAAR) slipped 6 percent to 235,852 units from 250,961 units in February. CMHC says this points to a “continued loss of momentum in housing construction,” even though actual housing starts in centres with populations of 10,000 or more rose 10 percent year-over-year in March, to 16,398 units from 14,935 in March 2025. Year-to-date, CMHC reports 49,206 starts, up 9 percent from the same period in 2025, driven by British Columbia, Ontario, and Quebec. As reported by The Canadian Press , CMHC chief economist Mathieu Laberge says the March data show a continued loss of momentum in housing construction that aligns with the agency's housing market outlo
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News
- Housing starts for March 2026 [Yahoo! Finance]Yahoo! Finance
- Annual rate of housing starts slowed in March [Advisor.ca (Canada)]Advisor.ca
- Annual rate of housing starts slowed in March [Investment Executive - News]Investment Executive - News
- CMHC reports annual rate of housing starts slowed in March [Yahoo! Finance Canada]Yahoo! Finance Canada
- CMHC reports annual rate of housing starts slowed in March [BNN Bloomberg (Canada)]BNN Bloomberg
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