The national pace of housing starts increased in June. (Photo by THE CANADIAN PRESS)

CMHC reports pace of housing starts in Canada jumped higher in June

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts picked up in June to a seasonally adjusted annual rate of 245,657 units compared with 196,809 units in May.

The result topped the 210,000 units that economists had expected, according to Thomson Reuters Eikon.

The increase in the pace home starts came as the rate of urban starts increased by 26 per cent in June to 234,238 units.

The annualized pace of multiple-unit projects such as condominiums, apartments and townhouses increased by 31 per cent to 185,804 units last month, while the pace of single-detached urban starts rose eight per cent to 48,434 units.

Rural starts were estimated at a seasonally adjusted annual rate of 11,419 units.

The six-month moving average of the monthly seasonally adjusted annual rates was 205,838 units in June compared with 200,530 in May.

Just Posted

Man and dog dead after early morning house fire in Lethbridge

LETHBRIDGE, Alta. — Officials say a man and a dog are dead… Continue reading

Ottawa fights planned class action against RCMP for bullying, intimidation

OTTAWA — The federal government is fighting a proposed class-action lawsuit against… Continue reading

May says Greens will work with any party that has a serious plan for the climate

OTTAWA — With three months until Canadians vote in the next federal… Continue reading

Joe Hittel rappels down 12 storey building in Red Deer – again

Eighty four year old Red Deerian was not afraid to rappel down… Continue reading

Indigenous nation in Washington State seeks meeting with feds on Trans Mountain

VANCOUVER — The Lummi Nation in northwest Washington state is requesting a… Continue reading

Fashion Fridays: 5 casual summer dress styles

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

Hotels face battle over whether to help US house migrants

DETROIT — There’s a new target in the clash over immigration: hotels.… Continue reading

Thousands visit Illinois governor mansion after renovations

SPRINGFIELD, Ill. — Thousands of people have visited the Illinois governor’s mansion… Continue reading

Canadian high school science courses behind on climate change, says UBC study

VANCOUVER — High school students in Canada may not be getting the… Continue reading

‘Us and them’: influence of Quebec anglos on decline with new Coalition government

MONTREAL — Last March, Quebec Premier Francois Legault made a mocking remark… Continue reading

Japanese Canadians call on B.C. to go beyond mere apology for historic racism

VANCOUVER — Japanese Canadians across the country are meeting to discuss how… Continue reading

Off Canada’s East Coast, a hunt to detect ‘beautiful’ great white sharks

HALIFAX — The great white sharks move torpedo-like through East Coast waters,… Continue reading

ESPN reasserts political talk policy after attack on Trump

NEW YORK — ESPN is reminding employees of the network’s policy to… Continue reading

Tentative agreement averts strike by Quebec provincial park employees

MONTREAL — A full-blown strike by employees at Quebec provincial parks that… Continue reading

Most Read