Canada housing starts for the month of May

  • Canadian housing starts came in at 193.5K vs. 160.0K estimate overall but a shutdown and reopenign in the province of Quebec skewed the data
  • Prior month 166.47K
  • gain of 16.2%
  • single family detached rose by 22.8%. All others increased by 13.8%

Rebound higher after the sharp fall over the last few months took the index from 218.5 in January to the low last month at 166.47.

Canada housing starts