New home construction in January was down 10% from December, says CMHC

New home construction in Canada fell by 10 per cent in January compared to December, as fewer multi-unit urban homes were built, according to the country's national housing agency.

New home construction in January was down 10% from December, says CMHC
A row of new homes under construction are shown, with mountains seen in the background.

New home construction in Canada fell by 10 per cent in January compared to December, as fewer multi-unit urban homes were built, according to the country's national housing agency.