OTTAWA  — The six-month trend in housing starts was down 1.3% in August compared to July to 244,149 units, according to Canada Mortgage and Housing Corporation (CMHC). …Actual monthly housing starts were down 2% year-over-year in centres with a population of 10,000 or more, with 17,691 units recorded in August, compared to 18,112 units in August 2025. The year-to-date total was 149,542 units, down 4% from the same period in 2025. The total monthly SAAR of housing starts for all areas in Canada was flat in August (229,046 units) compared to July (229,360 units). …”Kevin Hughes, Deputy Chief Economist at CMHC, “The latest results are consistent with CMHC’s Housing Market Outlook. While the current pace of starts is elevated compared to recent years, we expect the downward trend to continue as construction activity moderates in the coming months especially towards the end of the year”