The Canada Mortgage and Housing Corporation (CMHC) reported Tuesday that housing starts in Canada were estimated at 205,100 units in July, up about 4.3 percent from 196,600 units in June.
Urban housing starts led the increase, rising 4.7 percent to 185,200 units in July. Multiple urban starts were up by 13 percent to 120,200 units. Meanwhile, urban single starts fell 7.8 in July to 65,000 units. The CMHC said rural starts were about 19,900 in July compared to 22,800 in June.