Seasonally adjusted annual rate of housing starts reached 294,085 units last month
Prices were up in all 15 census metropolitan areas measured, with Quebec leading at 3%
Statistics Canada reports that prices declined in June for a third straight month
Lifting barriers could mean more west-to-east transportation infrastructure, housing agency says
Monthly increase driven by higher activity in cities with more than 10,000 people
Revised outlook predicts 3% drop in sales
High supply and low demand leave condo owners in real estate limbo
Turnover rent gaps and long tenancies contribute to worsening affordability
But rents for two-bedroom apartments doubled in some cities since 2019
A weaker labour market and economic prospects leads to downgrade