Housing starts lower in July, fewer multiple-unit projects after busy June: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says there was a slowdown in housing construction starts in July, following a near-record high in the previous month. The federal Crown corporation says the seasonally adjusted rate of housing starts dropped to 206,314 units in July, from 346,200 in June. Urban multiple-unit projects such as condos and apartments declined […]