CMHC reports February housing starts up 4.5% from January [Investment Executive - News]
Cabot Corporation (CBT)
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Source: Investment Executive - News
The national housing agency said the seasonally adjusted annual rate of housing starts was 250,900 units in February compared with 240,148 units in January. Housing starts can vary considerably month-to-month as big projects get started. The six-month moving average of the seasonally adjusted annual rate of housing starts was down 0.4% in February at 256,005 units. “In February, the six-month trend in housing starts was essentially flat, indicating that the trend in new construction activity remains relatively steady despite ongoing monthly volatility,” said CMHC deputy chief economist Kevin Hughes in a news release. “Looking ahead, we expect heightened levels of business uncertainty and construction costs to weigh on the rate and trend of housing starts in the near-to-medium term.” Actual housing starts were up 10% year-over-year in centres with a population of 10,000 or greater. Some 15,886 unit starts in those centres were recorded in February, compared with 14,420 a yea
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- Survey shows more young Canadians choose renos over moves as condo values slip [Wealth Professional (Canada)]Wealth Professional
- CMHC reports February housing starts up 4.5% from January [Advisor.ca (Canada)]Advisor.ca
- CMHC reports February housing starts up 4.5% from January [BNN Bloomberg (Canada)]BNN Bloomberg
- CMHC reports February housing starts up 4.5 per cent from January [Yahoo! Finance Canada]Yahoo! Finance Canada
- National housing supply made strides in 2025 amid weak demand, condo struggles: CMHC [Advisor.ca (Canada)]Advisor.ca
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