About Me

My photo
GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, November 10, 2015

Pace of new home construction slows in October, fewer multi-unit starts: CMHC

The pace of new residential construction in Canada slowed down in October after a red-hot September, but the decline in housing starts wasn't enough to change the upward trend over the past six months.

Canada Mortgage and Housing Corp. says last month's seasonally adjusted rate of housing starts was 198,065 units, down from 231,304 in September _ primarily because of fewer of multiple-unit project starts in urban areas.

The urban multi-unit starts accounted for 122,187 units nationally in October, down 22 per cent from the previous month.

CMHC says the decline in urban starts was seen in most regions of Canada, with British Columbia being the exception.

The overall number of single-detached starts was up from September, but accounted for only 59,255 of the total. CMHC says the six-month trend in October continued to rise, going to 206,089 from 202,793 in September.

MBN

We hope you are finding our Blog informative and enjoyable to read while keeping you up to date with the ever changing real estate market.

Please feel free to contact me via Direct/Text or e-mail at any time and my team will be pleased to assist you, family members and friends with all your real estate needs. Referrals are always welcome!

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)