The national housing agency says the seasonally adjusted annual rate of housing starts amounted to 253,468 units in February compared with 223,176 in January.
When looking at year-over-year figures, February’s actual housing starts were 10 per cent higher in Toronto and 82 per cent higher in Vancouver because of higher multi-unit starts.
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Montreal’s actual starts dropped nine per cent with multi-unit and single-detached starts both falling.
The annual rate of rural starts was estimated at 14,835 units.
The six-month moving average of the monthly seasonally adjusted annual rates of housing starts in February was 245,665, up by 0.4 per cent from 244,638 in January.
