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News
Housing Starts Move Higher in May

OTTAWA, June 9, 2008 — The seasonally adjusted annual rate1 of housing starts was 221,300 units in May, up from 213,900 units in April, according to Canada Mortgage and Housing Corporation (CMHC).

“Housing starts in May moved up from the strong level posted in April. Most of the increase reflected a rise in single starts, which in April had reached their lowest level since May 2001,” said Bob Dugan, Chief Economist at CMHC’s Ma...
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Housing Starts Move Higher in May



CMHC - Canada’s National Housing Agency

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. Canada Mortgage and Housing Corporation (CMHC) is home to Canadians.

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