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Fall in housing starts: CMHC

Darpan News Desk The Canadian Press, 16 Aug, 2023 10:35 AM
  • Fall in housing starts: CMHC

The annual pace of housing starts in July fell 10 per cent from June when they posted their strongest showing of the year.

Canada Mortgage and Housing Corporation reports the annual pace of urban starts was down 11 per cent, the rate of multi-unit urban starts fell 12 per cent and the pace of single-detached urban starts dropped four per cent.

C-M-H-C says housing starts fell 23 per cent in Vancouver but rose 33 per cent in Calgary.

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Indian-origin MP ushers in Hindu Heritage Month in Canada

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Indian-origin MP ushers in Hindu Heritage Month in Canada

Surrey RCMP investigate shots fired in Whalley area

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Surrey RCMP investigate shots fired in Whalley area

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Health spending growth to slow down in 2022: CIHI

Rain, wind, snow hit large parts of B.C.

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Rain, wind, snow hit large parts of B.C.

Hootsuite to lay off five per cent of staff

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Hootsuite to lay off five per cent of staff

Trudeau skips COP27 for Tunisia, Asia visits

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Trudeau skips COP27 for Tunisia, Asia visits