Pace of housing starts picks up in November, growth from multple-unit projects

Darpan News Desk The Canadian Press, 08 Dec, 2014 10:42 AM

OTTAWA — The pace of housing construction starts increased in November, mostly because of multiple-unit projects in urban areas.

Canada Mortgage and Housing Corp. said British Columbia led the country in growth in housing starts, followed by Quebec, Ontario and Atlantic Canada.

There was a decline in urban starts in the Prairie region.

CMHC said the national rate of housing starts increased to 195,620 units last month on a seasonally adjusted basis from 183,659 in October.

The CMHC figures were in line with estimates from Thomson Reuters.

Prev Next

MORE National ARTICLES

City, police sites in Ottawa hacked amid claims teen suspect is being framed

OTTAWA — A statement posted online says attacks on the Ottawa police website are in retaliation for what it claims are police efforts to frame an innocent teen.

City, police sites in Ottawa hacked amid claims teen suspect is being framed

NewLink Genetics gets some big league help on Ebola vaccine, enlists Merck

TORONTO — The small American company developing a made-in-Canada Ebola vaccine has just received some major league help.

NewLink Genetics gets some big league help on Ebola vaccine, enlists Merck

Sex with buddy's mom not a motive for stabbing, Eaton Centre killer testifies

TORONTO — The man who terrified a crowded mall food court with deadly gunfire in June 2012 says he had previously been attacked by six people.

Sex with buddy's mom not a motive for stabbing, Eaton Centre killer testifies

Modest amount of overvaluation in Canadian housing markets, CMHC says

OTTAWA — The Canada Mortgage and Housing Corp. said there is a modest amount of overvaluation in the country's housing markets, however other risk factors such was overheating, price acceleration, and overbuilding are not present.

Modest amount of overvaluation in Canadian housing markets, CMHC says

Houses should be checked for radon gas, can cause lung cancer, experts say

TORONTO — It's a naturally occurring radioactive gas that can seep through cracks and crevices in houses and other enclosed spaces — and can cause lung cancer. Yet many Canadians aren't even aware of its existence or the health risk the substance can pose.

Houses should be checked for radon gas, can cause lung cancer, experts say

Forget city living: Canadian seniors moving to suburbs, study says

MONTREAL — Twice a week, Alphons Evers sets aside a few hours to work the phone, matching up his roster of volunteer drivers with clients who need a lift.