Housing starts in the nation’s capital have increased in leaps and bounds within the last 6 months. New construction activity has been popping up everywhere, and the numbers don’t seem to be slowing down. The Canada Mortgage and Housing Corporation (CMHC) reported that this November was the first time that housing starts showed a significant […]
Although the Canadian housing market is now in recuperation mode, housing starts in Ottawa were down 19 percent. Townhouse developments ans well as apartment projects are mainly responsible for the drop. According to the Canada Mortgage and Housing Corp., last year construction began on 586 units. This year the number has gone down to 586. […]
