OTTAWA — The six-month trend in housing starts was flat in July compared to June, with a slight decrease of 0.5% to 247,377 units, according to Canada Mortgage and Housing Corporation (CMHC). …Actual monthly housing starts were down 19% year-over-year in centres with a population of 10,000 or more, with 18,834 units recorded in July, compared to 23,155 units in July 2025. The year-to-date total was 131,851 units, down 4% from the same period in 2025. The total monthly SAAR of housing starts for all areas in Canada decreased 5% in July (229,074 units) compared to June (240,773 units). …”July’s results show that housing starts are continuing to moderate and new home construction in Canada is evolving as per CMHC’s recent Housing Market Outlook Summer Update. Although the pipeline of homes under construction remains substantial and completions are increasing, fewer new projects are being started in many markets, notably in Vancouver, Calgary and Toronto,” said Tania Bourassa-Ochoa, Deputy Chief Economist.