Share Housing starts rebounded in the second half of 2009, and it is expected to strengthen in 2010 according to Canada Mortgage and Housing Corporation’s (CMHC) first quarter Housing Market Outlook, Canada Edition. In 2009, there was a total of 149,081 units, housing starts are expected to be in the range of 152,000 to 189,300 [...]
Share Canadian housing starts fell 19.9 per cent in April from March, returning to a downward trend that began last year, largely on a sharp drop in construction of condos. Housing starts dropped to a seasonally adjusted annualized rate of 117,400 units from a revised 146,500 units in March, Canada Mortgage and Housing Corp. said. [...]
