The Hottest New Housing Developments to Watch out forMarket InsightsMarket Stats Canada Housing Starts Lowest in Over a Year by Nest & Castle May 15, 2020December 3, 2020 May 15, 2020December 3, 2020 Housing starts in Canada fell 12.4 percent from a month earlier to an annualized 171,265 in April of 2020, but above market expectations of 110,000, according to Canada Mortgage and Housing Corporation (CMHC). Still, it was the lowest reading since February of 2019. Data for April does not include Quebec due to the introduction of pandemic measures in the province in late March. Excluding Quebec, housing starts increased 10.8 percent to 166,415. Urban starts rose by 12.4 percent, as multiple urban starts jumped by 35.7 percent while single-detached urban starts decreased by 27.1 percent. Rural starts were estimated at a seasonally adjusted annual rate of 7,285 units excluding Quebec. 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 Fall 13.2% MoM in March next post Canada Building Permits Rise the Most in Over 11 Years You may also like What is an Assignment? Pre-construction Condos July 23, 2020 Canada Building Permits Rebound in December February 15, 2020 Canada Building Permits Fall 3% MoM in July July 3, 2020 What is the Cooling Off Period? December 17, 2020 August 15, 2019 Canada Housing Starts Drop More than Expected October 15, 2020 THE MISSISSAUGA MARKET IS HOLDING STABLE. October 13, 2020 Toronto Market Report – September 2020 – TRREB... October 13, 2020 TC4 Condos at the Vaughan Metropolitan Centre by... March 16, 2019