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 Canada Housing Starts Jump to 1-1/2-Year High July 15, 2019 Canada Housing Starts Lowest Since 2015 March 15, 2019 Canada Building Permits Rise the Most in Over... June 3, 2020 Toronto Average Sale to List Price 101% December 5, 2020 2020 Rent Increase Guildlines: What it means for... August 29, 2019 Canada Housing Starts Beats Estimates in November December 15, 2018 Canada Housing Starts Highest in Nearly 13 Years September 15, 2020 Canada Housing Starts Rise More than Expected May 15, 2019 Canada Building Permits Rebound in March May 15, 2019