The 20% drop attributed to decline in multiple starts,
especially in Toronto’s condominium segment.
The Canadian construction industry may have been the engine of economic growth for much of this decade, but recent figures show that it hasn’t been firing on all cylinders. Canadian housing starts cratered by a much-greater-than-expected 19.9 per cent to 117,400 annualized units [...]
Tags: activity, Alexander, Association, Canada, cent, condominium, construction, drop, economist, half, home, housing, Ian Pollick, Industry, market, Moishe, Moishe Alexander, Ontario, point, province, Robert Kavic, segment, Spring, tax, Tony Wong, Toronto, Western Canada, year, yesterday
Category: Canada, Housing Starts, Uncategorized | Comments OffResale housing activity in Canada in February 2009 was up from seasonally adjusted levels the previous month, according to statistics released by The Canadian Real Estate Association (CREA).
A total of 28,669 homes traded hands via the Multiple Listing Service® (MLS®) nationally in February 2009 on a seasonally adjusted basis. This is 8.6 per cent above [...]
Tags: activity, Alberta, Alexander, Association, basis, british columbia, Calvin Lindberg, Canada, cent, Chief Economist, CREA, decline, Estate, February, Gregory Klump, home, housing, increase, information, Manitoba, market, MLS, Moishe Alexander, month, Nova Scotia, Ontario, President Calvin Lindberg, price, Prince Edward Island, quebec, Real, sale, Saskatchewan, time, West Vancouver, year
Category: Canada, Housing Starts, Ontario, Uncategorized | Comments OffMaking houses inside the Arctic Circle more durable and energy-efficient holds challenges — some less obvious than others. Southern Canadians know that winters there are cold and deep. Fewer may understand the roles that a short but intense summer’s heat and accelerated ultraviolet damage play under the 24-hour-a-day “midnight sun” made famous by poet Robert [...]
Tags: air, Alexander, Arctic, Arviat, Building, Canada, climate, construction, energy, envelope, housing, Madeleine Rousseau, Midnight, Nordic, northwest territories, NRC, Ottawa, performance, research, Robert W. Service, Southern Canadians, Sun, team, wall, Whitehorse, Yellowknife, Yukon
Category: Canada, Housing Starts, Ontario | Comments Off