Housing starts level out in November
December 18, 2013
Canada’s November housing starts were down slightly from the previous month, stabilizing the six-month increase, according to Canada Mortgage and Housing Corporation (CMHC).
Last month’s housing starts were trending at 194,014, down slightly from the 195,274 reported in October. The slightly increased trend since July, levelled out in November—remaining on par with the existing home sale trends across the country.