Issue 16-110: Housing Starts
June 8, 2016
Housing starts in the province’s urban centres (with population 10,000 and over), showed continued volatility in May, posting a 22.6% decrease (seasonally adjusted) following a 14.5% boost in April. Canadian starts were also down (-2.5%), as gains in new home building activity in most regions, including a hefty 22.3% in Quebec, were offset by substantial declines in the three westernmost provinces.
Data Source: Canadian Mortgage and Housing Corporation (CMHC)