New Construction NewsMarket InsightsMarket Stats Canada Housing Starts Rise More than Expected in June by Nest & Castle July 15, 2020December 3, 2020 July 15, 2020December 3, 2020 The seasonally adjusted annual rates of housing starts in Canada rose 8.3 percent from a month earlier to 211,681 units in June 2020, beating market expectations of 198,000 units, according to Canada Mortgage and Housing Corporation (CMHC). Urban starts increased by 8.7 percent to 196,675 units, as multiple urban starts jumped by 13% to 154,602 units while single-detached urban starts dropped by 4.5% to 42,073 units. Rural starts were estimated at a seasonally adjusted annual rate of 15,006 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 3% MoM in July next post What is an Assignment? Pre-construction Condos You may also like Canadian house prices will pick up says economist August 23, 2019 Oakville Average Home Price YOY Up 13.08% December 5, 2020 Canada Housing Starts Fall Less than Expected August 15, 2019 Vaughan Townhouse Prices up 15.81% December 5, 2020 Canada Building Permits Unexpectedly Surge 6% MoM February 6, 2019 Canada Building Permits Fall More than Expected in... July 15, 2019 Amid Affordability Concerns, Demand for Toronto Condos Intensifies July 23, 2019 Canada Building Permits Fall the Most in 4... November 15, 2019 Canada Housing Starts Rise Unexpectedly in August September 15, 2019