A new home is built in a housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

A new home is built in a housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Annual pace of housing starts posts 21.6 per cent increase in March

CMHC says the six-month moving average of the monthly seasonally adjusted annual rates was 273,664 in March

The annual pace of housing starts in Canada soared higher in March as it climbed 21.6 per cent compared with February.

Canada Mortgage and Housing Corp. says the seasonally adjusted annual rate of housing starts rose to 335,200 units, up from 275,567 in February.

The annual pace of urban starts rose 24.4 per cent in the month to 300,973 as the pace of starts of apartments, condos and other types of multiple-unit housing projects climbed 33.8 per cent to 222,358 units.

The annual rate of single-detached urban starts rose 3.6 per cent to 78,615.

Rural starts were estimated at a seasonally adjusted annual rate of 34,227 units.

CMHC says the six-month moving average of the monthly seasonally adjusted annual rates was 273,664 in March, up from 252,636 in February.

The Canadian Press


Like us on Facebook and follow us on Twitter.

CoronavirusHousing

Just Posted

Michelle Jacobs receives her first dose of the COVID-19 vaccine at the Coast Capri Hotel on April 28, 2021. The pop-up clinic was hosted by the First Nations Health Authority. (Aaron Hemens/Capital News)
126 new cases of COVID-19 in Interior Health over the weekend

There are 22 individuals hospitalized due to the virus, and 13 in intensive care

x
Kimberley issues Water Quality Advisory

The first Water Quality Advisory of the season was issued by the… Continue reading

The City of Kimberley has launched a new survey to assess its short-term rental situation. Paul Rodgers file.
Survey launched to assess short-term rental situation in Kimberley

The City of Kimberley has launched a survey with the goal of… Continue reading

BC Wildfire Service personal put out a suspected human-caused fire near Horseshoe Lake. (Photo courtesy Jaime Vienneau)
Small wildfires near Cranbrook are under control or out, but risk still high

The small Hidden Valley wildfire southeast of Cranbrook which started Sunday is… Continue reading

Columbia Valley RCMP say there was one fatality in a single vehicle accident Friday. (File photo)
Traffic fatality reported near Fairmont, Friday May 14

Columbia Valley RCMP are reporting a traffic fatality on Friday, May 14,… Continue reading

An avalanche near Highway 1 in Glacier National Park. Avalanche Canada will benefit from a $10 million grant from the B.C. government. (Photo by Parks Canada)
Avalanche Canada receives $10-million grant from B.C. government

Long sought-after funds to bolster organization’s important work

Sicamous RCMP Sgt. Murray McNeil and Cpl. Wade Fisher present seven-year-old Cody Krabbendam of Ranchero with an award for bravery on July 22, 2020. (Contributed)
7-year old Shuswap boy receives medal of bravery for rescuing child at beach

Last summer Cody Krabbendam jumped into the lake to save another boy from drowning

B.C. Health Minister Adrian Dix and provincial health officer Dr. Bonnie Henry update the province’s COVID-19 vaccine program, May 10, 2021. (B.C. government)
B.C.’s COVID-19 infection rate stays below 500 a day over weekend

14 more deaths, down to 350 in hospital as of Monday

Royal Bay Secondary School’s rainbow crosswalk was vandalized shortly after being painted but by Monday, coincidentally the International Day Against Homophobia, Transphobia and Biphobia, the crosswalk had been cleaned up and students had surrounded it with chalk messages of support and celebration. (Zoe Ducklow/News Staff)
B.C. high’s school’s pride crosswalk restored following ‘hateful’ graffiti attack

Hate terms, racial slur, phallic images spray-painted at Greater Victoria high school

Terrance Mack would have celebrated his 34th birthday on May 13, 2021. Mack’s family has identified him as the victim of a homicide in an apartment on Third Avenue in Port Alberni sometime in April. (SUBMITTED PHOTO)
Family identifies Ucluelet man as victim of Vancouver Island homicide

Terrance Mack being remembered as ‘kind, gentle’ man

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Vancouver Canucks’ Jake Virtanen (18) and Calgary Flames’ Josh Leivo, front right, vie for the puck as goalie Jacob Markstrom, back left, watches during the first period of an NHL hockey game in Vancouver, on Saturday, February 13, 2021. THE CANADIAN PRESS/Darryl Dyck
Vancouver Canucks forward Jake Virtanen sued over alleged sexual assault

Statement of claim says the woman, identified only by her initials, suffered physical and emotional damages

An avalanche near Highway 1 in Glacier National Park. Avalanche Canada will benefit from a $10 million grant from the B.C. government. (Photo by Parks Canada)
Avalanche Canada receives $10-million grant from B.C. government

Long sought-after funds to bolster organization’s important work

Daily confirmed COVID-19 cases reported to B.C. public health, seven-day rolling average in white, to May 12, 2021. (B.C. Centre for Disease Control)
B.C. preparing ‘Restart 2.0’ from COVID-19 as June approaches

Daily infections fall below 500 Friday, down to 387 in hospital

Most Read