"Starts in Toronto will moderate in the months ahead due to a reduced backlog of construction-ready condominium projects

Toronto Housing Starts Rise in August

By News on the Net —— Bio and Archives--September 11, 2012

Canadian News, Politics | Comments | Back To Full Article

TORONTO, ONTARIO--(Marketwire) - Housing starts for the Toronto Census Metropolitan Area were trending at 54,600 units in August according to the Canada Mortgage and Housing Corporation (CMHC). The trend is a moving average of the monthly seasonally adjusted annual rates (SAAR)(1) of total starts data. The standalone monthly SAAR was 64,500 units, up from 51,700 units in July.

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