The agency said the seasonally adjusted annual rate of housing starts was 140,700 units in June, up from 130,300 units in May.
The June rate for urban – as opposed to rural – starts was up nearly 60 per cent in the Prairies, 25 per cent in British Columbia, and 3.1 per cent in Ontario. There [...]
The budget was outlined today for spending in Newfoundland and Labrador. $6.7 billion in spending to be exact. Here is a link to the Newfoundland Labrador budget highlights, Building on our Strong Foundation
On the real estate front, the Newfoundland Government released their take on Newfoundland housing market conditions. While most of their data is from [...]
Moishe Alexander’s Review
OTTAWA, March 9, 2009 — The seasonally adjusted annual rate1 of housing starts declined to 134,600 units in February from 153,500 units in January, according to Canada Mortgage and Housing Corporation (CMHC).
“Increased listings and reduced sales in the existing home market continue to impact the new home market,” said Bob Dugan, Chief Economist [...]