CMHC reports further slowing of housing starts with no turnaround in sight

An aerial view shows carpenters building a log home made from white pine in Salaberry-de-Valleyfield, Que., on Wednesday, Oct. 22, 2025. THE CANADIAN PRESS/Christinne Muschi

The pace of homebuilding in Canada continues to slow with no near-term signs of a turnaround, said Canada Mortgage and Housing Corp. on Feb. 16.

The national housing agency said the seasonally-adjusted annual pace of housing starts declined 15 per cent in January.

Housing starts can vary considerably month-to-month as big projects get started...