New home construction down 22% in August, says CMHC

Canada Mortgage and Housing Corp. says the annual pace of new home construction, known as housing starts, slowed 22 per cent in August compared with July.

New home construction down 22% in August, says CMHC
Two men work on the rooftops of houses under construction.

Canada Mortgage and Housing Corp. says the annual pace of new home construction, known as housing starts, slowed 22 per cent in August compared with July.