Canada housing starts for May 2021

  • housing starts four May fell to 268.6K versus 277.5K estimate
  • prior month was at 268.6 K
  • housing starts increased 3.2%
  • single detached housing felt -12% to 80 K from 91K in April
  • multiple housing starts rose 11% to 196k vs 176.5K in April
  • Ontario housing starts fell -9.4%
  • Québec housing starts fell -7.1%
  • British Columbia housing starts rose 20.1% of tough