Higher interest rates resulted in 30,000 fewer housing starts last year: CMHC
- Posted on October 3, 2024
- By Financial Post
- 2 Views
Higher interest rates resulted in 30,000 fewer housing starts last year: CMHC
CMHC modelling suggests 2023 interest rates slashed housing starts by 10 to 15 per cent off a potential average total of 250,000. Read on.