Canada’s October Housing Starts Trend up

Author: External Author | | Categories: First Time Buyer Mortgage , Mortgage Broker , Mortgage Pre-Approval , Mortgage Rates , Mortgage Refinancing , Mortgage Services

The trend in housing starts was 222,734 units in October 2020, up from 214,372 units in September 2020, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

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Original Article Source Credits:   Canada Mortgage and Housing Corporation  , https://www.cmhc-schl.gc.ca/

Article Written By:  NA

Original Article Posted on:  November 17, 2020

Link to Original Article:  https://www.cmhc-schl.gc.ca/en/media-newsroom/news-releases/2020/canadas-october-housing-starts-trend-up#:~:text=The%20trend%20in%20housing%20starts,(SAAR)%20of%20housing%20starts.



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