CMHC Reports Annual Pace of Housing Starts Dropped 17 Percent in October

A roofer is seen working on a new housing development in Salaberry-de-Valleyfield, Que., southwest of Montreal on Oct. 22, 2025. The Canadian Press/Christinne Muschi

Canada Mortgage and Housing Corp. says the annual pace of housing starts in October fell 17 percent compared with September.

The national housing agency said the seasonally adjusted annual rate of housing starts was 232,765 units in October, down from 279,174 in September.