May building stays stable
June 11, 2014
Canada’s housing starts for the month of May remain stable, reports Canada Mortgage and Housing Corporation (CMHC).
Regionally, Atlantic Canada, Québec, and British Columbia saw slight increases, Ontario remained steady, and the Prairies saw a decline. Overall, the seasonally adjusted annual rate (SAAR) was 198,324 in May, which is slightly up from 196,687 in April.