Economy 52,847 Posted July 10, 2019 Share Posted July 10, 2019 https://www.bnnbloomberg.ca/canadian-housing-starts-surge-25-on-coast-to-coast-increase-1.1284417 Canada's annual housing starts jumped to over 245,000 units last month Given last year's population growth of 518,000 that is close to 1 unit of construction for every 2 people Cities like Toronto and Vancouver with vacancy rates as low as 0.3% in the richest markets may see some relief as construction remains robust despite recent mortgage rule changes somewhat cooling the market marginally. Link to post Share on other sites More sharing options...
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