Canadian housing starts fall 6% in May
TORONTO - Canadian housing starts fell 6% in May from the previous month, which was a smaller decline than expected, data from the national housing agency showed on Monday.
The seasonally adjusted annualized rate of housing starts decreased to 261,377 units from a revised 278,380 units in April, the Canada Mortgage and Housing Corporation (CMHC) said. Economists had expected starts to fall to 255,000.
(Reporting by Fergal Smith; Editing by Andrew Cawthorne)
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This story was originally published June 15, 2026 at 9:09 AM.