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New Home Construction Picks Up, Driven by Multifamily Projects

Toronto Drives National Housing Starts, Vancouver and Montreal See Declines
New home construction heated up in Toronto last month. (Getty Images)
New home construction heated up in Toronto last month. (Getty Images)
CoStar News
February 15, 2024 | 11:34 P.M.

The long-term trend for new home construction shows a decreasing number of shovels in the ground, but January saw a bump in actual starts, according to Canada Mortgage and Housing Corp.

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