Canada Mortgage and Housing Corp., says the pace of housing starts slowed in October.
The agency says there were 17,507 actual starts last month.
That translates into a seasonally adjusted annual rate of 204,107 starts, down from an annual rate of 223,995 recorded in September.
The agency says there were drops in both single- and multiple-unit starts in urban areas last month.
Declines were recorded in all regions, with Quebec reporting the biggest drop at 16.9 per cent.
Read more Canada News
- Motorcycle victims ID'dVernon / N. Okanagan - 3:24 pm
- Floods cause evacuationsCanada - 3:15 pm
- Heartbleed - teen chargedCanada - 12:48 pm
- 3 bears put downPenticton / S. Okanagan - 11:01 am
Government of Canada
Canada Revenue Agency