Pace of housing starts picked up in April: CMHC

the seasonally adjusted annual rate of housing starts increased to 235,460 units in April, up 22.6 per cent from 191,981 in March.The overall increase came as the annual pace of urban multiple-unit projects such as condominiums, apartments and townhouses increased 29.6 per cent to 175,732 in April. Single-detached urban starts increased 6.0 per cent to 44,655.The six-month moving average of the monthly seasonally adjusted annual rates was 206,103 in April, up from 202,420 in March.

The national trend in housing starts increased in April, up to 206,103 units from 202,420 in March, remaining near its historical average.

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