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CMHC reports annual pace of housing starts in August down 16 per cent from July

OTTAWA - Canada Mortgage and Housing Corp. says the annual pace of housing starts in August fell 16 per cent compared with July.

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CMHC reports annual pace of housing starts in August down 16 per cent from July

New homes are constructed in Ottawa on Monday, Aug. 14, 2023. THE CANADIAN PRESS/Sean Kilpatrick

 skp RJB
By The Canadian Press

OTTAWA - Canada Mortgage and Housing Corp. says the annual pace of housing starts in August fell 16 per cent compared with July.

The national housing agency says the seasonally adjusted annual rate of housing starts came in at 245,791 units in August, down from 293,537 in July.

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