February housing starts from the CMHC:

  • Prior 208.9K
  • Single detached starts +12.1%
  • Multiple stats +4.7%
  • Single-detached home starts in Toronto were at their highest level for February in more than ten years
  • Full release

With prices so high and supply so short, expect home builders to be going full-tilt for the next year before the party all comes crashing down.