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 Building Permits Fall More than Expected in... July 15, 2019 Canada Building Permits Fall More than Expected November 3, 2020 Mississauga Average home price up 9.74% YOY December 5, 2020 Canadian house prices will pick up says economist August 23, 2019 Canada Housing Starts Fall 13.3% in May June 15, 2019 Canada Building Permits Rise for 2nd Month March 15, 2020 Canada Housing Starts Rise Less than Expected in... April 15, 2019 Canada Housing Starts Highest in Nearly 13 Years September 15, 2020 Canada Housing Starts Fall Less than Expected January 4, 2020