Canadian housing starts expected to recover
March 16, 2011
After lagging behind in the second half of 2010, housing starts are forecast to stabilize this year and next, according to Canada Mortgage and Housing Corporation's (CMHC's) first-quarter report, "Housing Market Outlook–Canada." Housing starts are expected to range between 157,300 to 192,900 units this year, with a point forecast of 177,600 units.