New Construction NewsMarket InsightsMarket Stats Canada Housing Starts Lowest in 7 Months by Nest & Castle January 15, 2020December 3, 2020 January 15, 2020December 3, 2020 The seasonally adjusted annual rates of housing starts in Canada fell 3 percent from a month earlier to 197,329 units in December 2019 compared to an upwardly revised 204,300 in November and missing market estimates of 210,000. It was the lowest reading since May, as urban starts decreased by 4 percent to 185,934 units and multiple urban starts fell by 5 percent to 138,049 units. Meanwhile, single-detached urban starts increased by 1 percent to 47,885 units. Rural starts were estimated at a seasonally adjusted annual rate of 11,395 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 Housing Starts Fall Less than Expected next post Oro Condos At Edge Towers Mississauga You may also like Canada Housing Starts Lowest Since 2015 March 15, 2019 Canada Building Permits Fall 3% MoM in July July 3, 2020 Canada Building Permits Rebound in March May 15, 2019 Canada Housing Starts Highest in Nearly 13 Years September 15, 2020 Canada Building Permits Fall the Most in Over... June 3, 2020 Canada Housing Starts Fall Slightly Less than Expected February 15, 2019 Canada Housing Starts Highest in Near 3 Years August 15, 2020 First Look: Thirty Six Zorra August 14, 2019 Amid Affordability Concerns, Demand for Toronto Condos Intensifies July 23, 2019