Canada's multifamily housing starts dropped by 10% in the first quarter compared to the same period of the prior year, as a 60% decline in new projects in the greater Toronto area pushed the national totals into the negative, according to a new report.
Toronto drags Canada's multifamily starts into negative territory
Major drop in new projects in Canada's largest city feeds fuels double-digit decline nationally, report says
CoStar News
April 17, 2025 | 10:22 P.M.
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- Canada Mortgage & Housing Corporation - CMHC
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