Housing starts flat in first half of 2025 amid declines in condo projects: CMHC
Construct Connect Canada
AI Article Summary
The Canada Mortgage and Housing Corp. (CMHC) reports that housing starts remained stagnant in the first half of 2025 compared to 2024, with noted regional differences. Cities such as Calgary, Edmonton, Montréal, Ottawa, and Halifax achieved construction rates that approached or broke records. While the overall growth was flat, specific regions showed significant building activity. The decline in condominium projects contributed to the overall flat growth.
