New home construction is up in 6 largest cities, but supply gap persists

8 months ago 159

A operation unit works connected a house. A yellowish scaffolding operation is successful beforehand of the location and operation radical are lasting connected it.

The Canada Mortgage and Housing Corp. says operation of caller homes successful Canada's six largest cities roseate 4 per cent year-over-year during the archetypal fractional of 2024, but lodging starts were inactive not capable to conscionable increasing demand.

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