Housing starts in Canada declined 16% in August 2025 to 245,791 units from a revised 293,537 in July and well below market expectations of 277,500. In urban areas with populations over 10,000, starts increased 10% year-over-year, totaling 18,408 units. Montréal led with a 32% increase, driven by multi-unit projects, while Vancouver posted a 46% gain. Meanwhile, Toronto recorded a level similar to that of August 2024.
Reprinted from tradingeconomics，the copyright all reserved by the original author.
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