National housing starts up 14% in September from previous month, national housing agency says
Posted on: Oct 16, 2025 14:56 IST | Posted by: Cbc
canadian river living accommodations starts, also known as young place twist, rose 14 per cent in September compared with the previous month — a sharper increase than expected, data from the national housing agency showed on Thursday.
The seasonally adjusted annualized rate of housing starts was 279,234 units, up from a revised 244,543 units in August, the Canada Mortgage and Housing Corporation (CMHC) said.
Economists had expected starts to rise to 255,000 units.
“The six-month trend in housing starts was pushed higher in September, driven by significantly higher monthly starts in Ontario, Québec and the Prairie provinces," said Tania Bourassa-Ochoa, CMHC's deputy chief economist, in a news release.
She noted that Montreal and Toronto were responsible for more than 25 per cent of the total monthly starts nationally, mostly thanks to an increase in the construction of new rental apartments.
"While these results indicate some resilience, it is worth noting that current housing starts levels are generally reflective of decisions made months or even years ago when investor confidence was higher than it is today,” said Bourassa-Ochoa.
The increase came as the annual pace of housing starts for Canadian cities with a population of 10,000 or greater rose to 254,345 in September, up 16 per cent from 219,408 in August.
The annual pace of rural starts was estimated at 24,889.
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