Houses for sale in Ottawa

June’s figures were bolstered by a big increase in the annual pace of urban starts, which rose by 46% to 262,815 units. Multi-unit urban starts were up to 219,914, an increase of 59%, while single-detached urban homes came in at 42,901, or 3% higher than May.

Vancouver and Toronto both saw huge improvements in the pace of housing starts, with the former posting an annual rate 71% above the prior month and Toronto seeing its pace double compared with May.

The annual pace of rural starts was 18,558 units in June, with the six-month moving average of the annual pace of housing starts increasing from 229,520 units in May to 234,974 units in June.

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