Share Canada Mortgage and Housing Corporation (CMHC) released their monthly Housing Outlook report on December 8th, 2009. Last month, we saw 11 single family homes had started in the city of Edmonton, with the number this yea being 297, it is a huge increase. For the year as a whole, single family home starts are [...]
Share Building permits are a good indicator of the health of the construction industry and in June we see gains in both the residential and non-residential sectors. Building permits in Toronto area was higher than expected, reaching 1.2%. Developers took out $932 million worth of permits in June, compared to the $921 million in May. [...]