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 seasonally adjusted housing starts fell to 213,419... January 15, 2019 Canada Building Permits Fall 2.4% MoM in November January 3, 2020 Canada Housing Starts Fall Less than Expected January 4, 2020 Canada Housing Starts Rise Less than Expected November 25, 2020 Canada Building Permits Rise More than Expected in... September 15, 2019 Canada Building Permits Rise for 2nd Month March 15, 2020 THE MISSISSAUGA MARKET IS HOLDING STABLE. October 13, 2020 Canada Housing Starts Beat Forecasts October 15, 2019 Amid Affordability Concerns, Demand for Toronto Condos Intensifies July 23, 2019