New home construction down 22% in August, says CMHC

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. The national housing agency says the seasonally adjusted annual rate of housing starts came in at 217,405 units in August, down from 279,804 a month earlier. The drop came as the … Read more

New home construction rose while home sales came down in May

New home construction rose while home sales came down in May

The annual rate of new home construction was up in May, while home sales were slightly down, according to data released separately on Monday by the Canada Mortgage and Housing Corporation and the Canadian Real Estate Association. Referred to as housing starts, new home construction was up 10 per cent in May compared to the previous … Read more

Home sales and new home construction both drop in April

Home sales and new home construction both drop in April

The annual rate of housing starts in Canada fell slightly by one per cent compared with March 2024, while the number of residential home sales dropped in the same period of time, according to separate sets of numbers released today by the Canada Mortgage and Housing Corporation (CMHC) and the Canadian Real Estate Association. The CMHC, … Read more

[watch] TikTok star Jessica Mashaba gifts her mom a new house

[watch] TikTok star Jessica Mashaba gifts her mom a new house

Popular TikTokker and socialite Jessica Mashaba recently announced that she has graduated and also surprised her mother with a house as seen in her Instagram post shared on Friday, 5 April. AWW! TIKTOK STAR JESSICA MASHABA GETS HER MOTHER A NEW HOME The 23-year-old TikTok sensation is seemingly having one of her best years yet. … Read more

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

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, such as townhouses, were built, according to the country’s national housing agency. The Canada Mortgage and Housing Corporation said Thursday that housing starts came in at 223,589 units in January, down 25,379 from December. Many … Read more