Pace of Canadian home construction slowed in May, CMHC says | CBC News

The construction of new homes in Canada will continue to decline. Rajeshni Naidu-Ghelani CBC News Posted: Mar 19, 2019 1:11 PM ET | Last Updated: March 19. A moderately slower economy combined with some uncertainty may. CMHC reports annual pace of housing starts slowed in February.

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Canada Mortgage and Housing Corp. says the pace of housing starts slowed in May.

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The pace of new housing construction in Canada slowed in May. CMHC's seasonally adjusted rate of housing starts across Canada. "In stark contrast, Vancouver's new home construction rose 14% in May to 26,500 – registering a pace. CBC's Journalistic Standards and Practices|About CBC News.

Taking that opinion into account, I placed another call to CMHC’s Chris Janes, for his take on that report. "When you look at articles or headlines such as these, they may be a little. are down.

Taking that opinion into account, I placed another call to CMHC’s Chris Janes, for his take on that report. "When you look at articles or headlines such as these, they may be a little. down eight.

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While the pace of homebuilding has slowed slightly from a 2012 peak, prices have kept rising, with the average home price up 5.0 percent. With some 7 percent of Canadian growth coming from.