Housing starts up 3% in January, but trade risks add 'significant uncertainty': CMHC
- The annual pace of housing starts in January rose three percent, reaching 239,739 units, compared to December's 232,492 units, according to the Canada Mortgage and Housing Corporation .
- CMHC noted an eight percent increase in multi-unit urban starts, mainly due to new rentals in Quebec and B.C.
- CMHC's deputy chief economist, Tania Bourassa-Ochoa, stated that foreign trade risks add significant uncertainty for housing construction going forward.
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22 Articles
22 Articles
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Left
6
Center
2
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Total News Sources22
Leaning Left6Leaning Right0Center2Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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