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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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BC United takes aim at Province over high cost of living for BC residents

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Pair arrested for gun and drug offences

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Thousands of B.C. families will see an increase in government family benefit plan

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The B.C. Wildfire Service website says 13,935 square kilometres have been burned since April 1, surpassing the previous record of 13,543 square kilometres set in 2018. But there are still months to go in this year's season and the service says there are almost 400 fires currently burning.

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