New Construction NewsMarket InsightsMarket Stats Canada Housing Starts Lowest Since 2015 by Nest & Castle March 15, 2019December 3, 2020 March 15, 2019December 3, 2020 Canadian seasonally adjusted housing starts fell to 173,153 units in February of 2019 from a downwardly revised 206,809 units in January and below market expectations of 205,000 units. It is the lowest reading since December 2015. The SAAR of urban starts declined by 18% in February to 155,663 units. Single-detached urban starts dropped by 10.6 percent to 39,379 units and multiple urban starts went down by 20.2 percent to 116,284 units. Rural starts were estimated at a seasonally adjusted annual rate of 17,490 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 Fall the Most since 2017 next post TC4 Condos at the Vaughan Metropolitan Centre by SmartReit and CentreCourt Developments You may also like Canada Housing Starts Rise More than Expected in... July 15, 2020 Canada Building Permits Fall 3% MoM in July July 3, 2020 Canada Housing Starts Fall Less than Expected January 4, 2020 Canada Building Permits Unexpectedly Rise in August October 15, 2019 Canada Building Permits Rise the Most in Over... November 3, 2020 Canada Housing Starts Rise Unexpectedly in August September 15, 2019 Canadian house prices will pick up says economist August 23, 2019 Canada Housing Starts Highest in Near 3 Years August 15, 2020 Canada Building Permits Rebound in August October 3, 2020