Company: Canada Mortgage & Housing Corp.

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B.C. and Alberta led the growth, while five other provinces saw the pace of starts fall

Both parties say they’ll help voters pay for improvements to their homes

Urban starts increased by 2% during the month

Rate of urban starts increased by 26%

The report argues that affordability of mortgage debt proves the stress test is working

  • By: IE Staff
  • May 24, 2019 October 31, 2019
  • 14:50

Housing affordability continues to be the most important factor cited among first-time and repeat homebuyers

The national housing agency is providing more guidance to lenders

Fewer condos, townhomes and other multi-unit projects started up in some urban areas last month

The decline came as the annual pace of urban starts fell 15.1% during the month

In Vancouver, the annual pace of housing starts nearly doubled