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2025-12-15 21:35:39
[Canadian Housing Starts Rebound 9.4% Month-over-Month in November] ⑴ Canadian housing starts rose 9.4% month-over-month in November, rebounding from a 17% decline in October. The seasonally adjusted annualized rate of starts was 254,058 units, slightly higher than market expectations of 250,000 units. ⑵ In major cities with populations over 10,000, housing starts rose 11% to 233,573 units, while rural areas saw starts at 20,485 units. ⑶ Among major metropolitan areas, Montreal saw a significant 24% year-over-year increase in housing starts, partially offsetting an 11% decline in Toronto and a 1% decline in Vancouver.
