September housing starts rise at an annualized pace, while actual counts lag
CMHC’s September release shows why a monthly annualized increase and a year-over-year decline can both describe the construction market.
NATIONAL EDITIONSunday, October 25, 2026
THE REAL PERSPECTIVE
Markets
Reporting and context on markets, from the evidence up.
Consumer confidence edges up. Spending plans weaken.
The Bank of Canada’s latest consumer survey shows a gap between better financial confidence and weaker spending plans—a distinction worth watching in the property market.
Canada’s housing market takes a step back
September sales slowed and prices softened. The national picture, however, still hides a country of very different local markets.