Core Insights - The Canadian Mortgage and Housing Corporation (CMHC) reported a significant decline in new housing starts in August, with a month-over-month decrease of 16% to 245,800 units, falling short of the market expectation of 277,500 units and down from the revised July figure of 293,500 units [1] National Performance - The overall national housing market is showing signs of cooling, as indicated by the substantial drop in new housing starts [1] - Despite the national downturn, some major cities are experiencing growth in new residential construction [1] Regional Highlights - In urban areas with populations exceeding 10,000, new housing starts in August increased by 10% year-over-year, reaching 184,000 units [1] - Montreal led the growth with a 32% year-over-year increase, while Vancouver saw a significant rise of 46%, primarily driven by multi-unit residential projects [1] - The Toronto area reported new housing starts that remained relatively stable compared to the same period last year [1] Market Adjustment - The notable decline in new housing starts reflects a transition phase for the Canadian housing market, moving from a previously active period into a phase of adjustment [1]
加拿大8月新屋开工量环比骤降16% 市场整体活动趋缓
Xin Hua Cai Jing·2025-09-16 14:12