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Canadian housing starts slow down, but many units remain in the pipeline
National housing starts took a breather in October 2019, according to the latest report from the Canada Mortgage and Housing Corporation.
Surprise: Toronto far from Ontario’s top sellers’ market
According to the Canadian Real Estate Association, an SNLR between 40 – 60% is considered a balanced market, with below and above that threshold indicating buyers’ and sellers’ conditions, respectively.
New home construction staying steady through the fall
The CMHC released its October 2017 housing starts report, announcing that new home construction will remain steady through the fall.
