Metropolitan Housing Starts: Expectations for Housing Starts Largely Holding Course

Summary

• There are only six census metropolitan areas (CMAs) with positive short- and long-term expectations this month, the same number as last month. These are the CMAs in the up-up quadrant.
• All of the Quebec CMAs have positive short-term expectations but negative long-term ones.
• The CMAs with the biggest year-over-year percentage decrease in housing starts in June were Halifax, Thunder Bay, St. Catharines–Niagara, Kitchener–Waterloo, and Sherbrooke.
• London had the largest year-over-year percentage increase in starts last month.

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