CMHC Housing Report Q4, 2011
November 9, 2011 by Robert Koci
It looks like Canada won’t hit 200,000 starts this year, but the final number will be close. And there is promise of a strong housing market in 2012. CMHC’s Q4 housing report suggests a leveling off of starts, from about 191,000 in 2011 to around 182,000 in ’12. With total value of renovations estimated at $450 billion, our industry is still standing tall.