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Housing starts fell 16% in August as home building slows: CMHC

Globalnews Digital September 16, 2025 1 min read
Global News
Housing starts fell 16% in August as home building slows: CMHC
AI Article Summary

The Canada Mortgage and Housing Corporation reported a 16% decrease in the annual pace of housing starts in August compared to July. This decline indicates a slowdown in home building activity. The data highlights broader trends in the residential construction sector.