Increases in house prices will push mortgage carrying costs higher for home buyers
Despite monthly drop starts reach their second highest level in nearly two decades in 2007
Single-detached home starts hit highest level since March 2006
Increased condominium starts reflect strong condo sales over the past 12 to 24 months
Urban starts decline 5.7% compared to June
Starts expected to resume a gradual decreasing trend
Growth largely confined to volatile multiple-unit segment
New home construction will decrease in all provinces except Saskatchewan
Multiple starts continue to rise
March housing starts rise from February, down from last year