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 Canada Housing Starts Fall 13.3% in May June 15, 2019 Fleur Condos INSIDER SALES PROGRAM BUY WITH 10%... September 11, 2019 Canderel Proposes 66-Storey Mixed-Use Tower at 1075 Bay February 21, 2019 Canada Building Permits Post Biggest Gain in 12... June 15, 2019 Empire Quay House Condos by Empire Communities –... July 18, 2019 First Look: 11 YV Condos August 15, 2019 Canada Building Permits Rise the Most in Over... June 3, 2020 SUGAR WHARF CONDOS – CANADA’S TOP SELLING CONDO... February 12, 2019 First Look: Distrikt Trailside – Oakville August 21, 2019