CMHC Reports Annual Pace of Housing Starts Slowed in March

CMHC Reports Annual Pace of Housing Starts Slowed in March
Townhouses under construction are seen in Delta, B.C., on Aug. 12, 2024. The Canadian Press/Darryl Dyck
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in March slowed compared with February.

The national housing agency says the seasonally adjusted annual rate of housing starts came in at 214,155 units in March, down from 221,405 in February.