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Housing Starts Will Slow Down in 2007 and 2008

— Housing starts will ease this year to 213,425 units after reaching 227,395 units in 2006, according to Canada Mortgage and Housing Corporation’s (CMHC) second quarter Housing Market Outlook, Canada Edition report. Residential construction will continue to decline in 2008 to 200,175 units, marking 7 consecutive years in which housing starts exceed …

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Source: CanEquity Mortgage News

This entry was posted on Tuesday, May 15th, 2007 at 11:27 am and is filed under Advice. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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