- Prior month 283.5K revised to 291.0 K
- Housing starts 294.1K versus estimate of 265.0K
Montréal posted a 212% year-over-year increase in actual housing starts compared to July 2024, driven by significantly higher multi-unit starts.
Vancouver recorded a 24% increase in starts this month, driven by higher multi-unit starts.
A decrease in multi-unit starts and single-detached starts drove the 69% year-over-year decrease in Toronto’s housing starts compared to July 2024.
This article was written by Greg Michalowski at investinglive.com.
