Housing starts soar to new heights in March

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Canada’s housing market is showing no signs of slowing down as housing starts across the country soared to new heights in March.

Recent figures from Canada Mortgage and Housing Corporation (CMHC) showed that the standalone monthly seasonally adjusted annual rate (SAAR) of housing starts across Canada was a record 335,200 units in March 2021, an increase of 21.6% from 275,567 units in February.

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Original Article Source Credits:   MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/

Article Written By:   Duffie Osental 

Original Article Posted on:  20 Apr 2021

Link to Original Article:  https://www.mortgagebrokernews.ca/news/housing-starts-soar-to-new-heights-in-march-355134.aspx

 

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