Canada August housing starts 245.8K vs 277.5K expected

16/09/2025 | 12:15 GMT

Canadian housing starts for August 2025 from the CMHC

Prior was 294.1K
Starts down 16% m/m

This is a dip but it comes after several strong months. I don't like what I'm seeing in the Canadian housing market but the Bank of Canada might save the day if it tilts a bit more dovish and gets rates to 2%.

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