CORRECTED-Canadian housing starts fall 16% in August -CMHC
ReutersSep 17, 2025 5:37 PM
TORONTO, Sept 16 (Reuters) - Canadian housing starts fell 16% in August compared with the previous month, a steeper decline than expected, data from the national housing agency showed on Tuesday.
The seasonally adjusted annualized rate of housing starts was 245,791 units, down from a revised 293,537 units in July, the Canada Mortgage and Housing Corporation (CMHC) said. Economists had expected starts to fall to 277,500 units.
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