Canada housing starts trend upward in January

Author: ExternaL AuthorR | | Categories: Mortgage For Purchase , Mortgage Services

Housing starts across Canada trended upward last month, according to recent figures from the Canada Mortgage and Housing Corporation (CMHC).

According to CMHC data, the standalone monthly seasonally adjusted annual rates (SAAR) of housing starts for all areas in Canada was 282,428 units in January 2021, an increase of 23.1% from December 2020.

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Original Article Source Credits:   MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/

Article Written By:  Duffie Osental 

Original Article Posted on:  16 Feb 2021

Link to Original Article:  https://www.mortgagebrokernews.ca/news/canada-housing-starts-trend-upward-in-january-337821.aspx



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