Issue 16-154: Housing Starts

August 9, 2016

Housing starts in B.C.’s urban centres (10,000+ population) were down 14.5% (seasonally adjusted annual rate) in July, joining a Canada-wide slowdown (-9.9%) in the number of housing starts. Notable exceptions to the national trend were Alberta (+8.6%), Saskatchewan (+29.1%) and Manitoba (+65.5%).

Data Source: Canada Mortgage and Housing Corporation (CMHC)