Builders started work on fewer houses in February than January, but more houses were sold in 2009’s second month than the first. So are February statistics from the Canadian Mortgage and Housing Corporation good news or bad? Well, let’s have …
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The CMHC announced today that Canadian housing starts declined in November to 172,000 units versus 211,800 in October (seasonally adjusted annual rate). In addition, the seasonally adjusted annual rate of urban starts were down 21.6% In November 2008 to 144,800 …
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The Canada Mortgage and Housing Corporation (CMHC) has just announced that the seasonally adjusted annual rate of housing starts in October 2008 was down 3.1% compared to September at 211,800 units vs 218,600 units. You can read the full release …
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