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Rental Market Drives Canadian Housing Starts To Highest Level Since 2022

Kuntal Khasnobish
Tuesday, August 19, 2025
Rental Market Drives Canadian Housing Starts To Highest Level Since 2022
At the national level, housing starts continued to show growth in July, according to the latest data shared by the Canada Mortgage and Housing Corporation (CMHC). The agency reported that the total monthly seasonally adjusted annual rate (SAAR) of starts hit a multi-year high, rising by 4% from 283,523 units in June to 294,085 units last month.

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