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Canadian Housing Starts Increase in July, Remain Short of Affordability Needs

Canadian Housing Starts Increase in July, Remain Short of Affordability Needs

By Chandra Philip
0 Min Read
Canadian Housing Starts Increase in July, Remain Short of Affordability Needs

Houses under construction in Toronto in a file photo. Graeme Roy/The Canadian Press

Housing starts increased in July, but it is not enough to meet demand, according to a report from Canada’s housing agency.

The Canada Mortgage and Housing Corporation (CMHC) released housing stats for July on Aug. 18.

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