Canadian housing starts posted a modest rebound in February, but economists and industry data pointed to a market still losing momentum beneath the surface. The latest figures suggest builders are working through earlier project decisions while facing weaker demand, higher costs and a darker macro outlook. Canada Mortgage and Housing Corporation (CMHC) reported that the seasonally adjusted annual rate of housing starts rose 4.5% month over month to 250,900 units in February. That’s up from a revised 240,148 in January. The six‑month trend – a moving average used to smooth volatility – inched up just 0.4% to 256,005 units, essentially flat. …“Looking ahead, we expect heightened levels of business uncertainty and construction costs to weigh on the rate and trend of housing starts in the near‑to‑medium term.” …Among Canada’s largest centres, Montreal posted an 18% increase in actual starts in February, and Vancouver recorded a 60% jump. 

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