The Hottest New Housing Developments to Watch out forMarket InsightsMarket Stats Canada Housing Starts Highest in Near 3 Years by Nest & Castle August 15, 2020December 3, 2020 August 15, 2020December 3, 2020 Housing starts in Canada surged 15.8 percent from a month earlier to 245,604 units in July of 2020, beating market expectations of 210,000 units, according to Canada Mortgage and Housing Corporation (CMHC). It was the highest reading since November of 2017. Urban starts increased by 17.4 percent to 231,995 units, as multiple urban starts jumped by 18.8 percent to 184,431 units while single-detached urban starts went up by 12.3 percent to 47,564 units. Rural starts were estimated at a seasonally adjusted annual rate of 13,609 units. About Nest and Castle Nest & Castle Inc is a leading edge real estate brokerage based in the heart of the Greater Toronto Area (GTA). We provide creative solutions and strategic advice on all aspects of the real estate industry. Our mix of conventional real estate techniques and forward-thinking technologies makes the buying or selling of your home, an easy and enjoyable experience. Search Exclusive New Developments Looking for your Dream Home? Sell Smarter With Data. It's The Future. 0 comment previous post Canada Building Permits Rise for 2nd Month next post How to Improve Your Credit Score You may also like Canada Housing Starts Lowest in 7 Months January 15, 2020 Toronto Average Sale to List Price 101% December 5, 2020 Canada Housing Starts Fall Slightly Less than Expected February 15, 2019 Canada Housing Starts Fall 13.3% in May June 15, 2019 GTA new condo sales surge 77% in Q2 August 12, 2019 October 1, 2020 Canada Housing Starts Rise Less than Expected in... April 15, 2019 Montreal’s luxury market expected to enjoy strong numbers... October 3, 2019 Template: Market Stats: City Month Year July 23, 2020