Canadian housing starts fall 10% in July: CMHC | Watch News Videos Online

Housing starts in Canada fell by 10 per cent in July, according to the Canada Mortgage and Housing Corporation . Mackenzie Gray explains what's behind the troubling trend during the housing crisis, what cities have been hardest hit, and how this could affect real estate prices.

Housing starts in Canada fell by 10 per cent in July, according to the Canada Mortgage and Housing Corporation . Mackenzie Gray explains what's behind the troubling trend during the housing crisis, what cities have been hardest hit, and how this could affect real estate prices.

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CMHC says annual pace of housing starts fell 10% in JulyOTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in July fell 10 per cent compared with June when they posted their strongest showing so far this year. The national housing agency says the seasonally adjusted annual rate of housing starts in July came in at 254,966 units compared with 283,498 in June. The annual pace of urban starts was down 11 per cent in July at 234,857, while the rate of multi-unit urban starts fell 12 per cent to 193,446 and the pace of singl
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