Pace of Canadian home construction slowed in May, CMHC says | CBC News

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By Leah Schnurr OTTAWA (Reuters) – Canadian. other areas have slowed due to an oil price shock, raising worries that Toronto and Vancouver could be in for a correction. The slowdown in both cities.

Tighter lending rules such as the B-20 regulations that came into effect in January last year, and higher borrowing costs are being blamed for the slowdown in the housing sector.

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Taking that opinion into account, I placed another call to CMHC’s Chris Janes, for his take on that report. "When you look at articles or headlines such as these, they may be a little. are down.

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TORONTO (Reuters) – canadian housing starts fell more than expected in January, data released on Monday showed, reinforcing the view that the country’s housing market is stabilizing after a recent.

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