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Company: Canada Mortgage & Housing Corp.

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House bubble boom presentation on chalkboard. Concept photo of Real estate market bubble , booming, money,price, rent, grid, home, house, housing, industry and subprime mortgage crisis. (Copy Space)

Prices, sales and housing starts have all soared in major markets despite the pandemic

Modern apartment buildings in a green residential area in the city

Vacancy rate hit a 14-year high in the Greater Toronto Area

House placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house,

Economic shock of pandemic not yet fully reflected in housing market data

Modern apartment buildings in a green residential area in the city

Average house prices forecasted to fall between 9% and 18% over the next year

businesswoman protects a house from the elements rain storm sun

There could still be challenges related to uneven demand

  • By: IE Staff
  • May 22, 2020 May 22, 2020
  • 14:14
Daydreaming young couple at home

Housing starts slowed by 7.3%

The seasonally adjusted annual rate of housing starts slipped to 210,069 units, down from 214,031 in January

B.C. and Alberta led the growth, while five other provinces saw the pace of starts fall

Architecture of the colorful houses on the steep streets of St John's, Newfoundland, Canada

Both parties say they’ll help voters pay for improvements to their homes

Urban starts increased by 2% during the month