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Canada Housing Starts Down 6% as Completions Jump 10%

6/16/2026

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Story summary
  • Canada Mortgage and Housing Corp. said housing starts fell 6% in May versus April.
  • The seasonally adjusted annual rate dropped to 261,377 units in May from 278,380 in April.
  • Units under construction in centres of 50,000+ people rose 0.9% to 374,662 in May.
  • Housing completions increased 10.6% to 16,880 units in May.