Annual pace of housing starts in Canada down 22% in November, says CMHC

The annual pace of housing starts in Canada are down 22 per cent in November, according to the CMHC. One economist calls it a "crisis."

Annual pace of housing starts in Canada down 22% in November, says CMHC
A two story apartment building still under construction. It is dark green with wood. Siding is not finished.

The annual pace of housing starts in Canada are down 22 per cent in November, according to the CMHC. One economist calls it a "crisis."