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Canada Sees 16% Drop in Housing Starts, Trends Shift

9/18/2025

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Story summary
  • In August 2025, Canada Mortgage and Housing Corp. reported a 16% decrease in housing starts from July.
  • The annual rate fell to 245,791 units, down from 293,537.
  • For centres with populations over 10,000, the rate decreased to 223,728 units.
  • Rural housing starts were estimated at 22,063 units.
  • The six-month moving average rose by 1.6% to 267,259 units.