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Metropolitan housing starts: March 2020 The Conference Board of Canada, March 23, 2020 Website by Jane McIntyre

Metropolitan housing starts: March 2020

The Conference Board of Canada, March 23, 2020
Website by Jane McIntyre

The monthly Metropolitan housing starts publication provides the recent trends in housing starts for 29 metropolitan areas and expectations for starts over both the short and long term. Document Highlights There are six census metropolitan areas (CMAs) with positive short- and long-term expectations, the same number as last month. The emerging COVID-19 virus pandemic could threaten positive expectations in the short term. More people are likely to delay buying as they self-isolate, and are faced with lower investment returns that could be used for down payments. Some of this downward risk, however, will be mitigated by lower interest rates.

The monthly Metropolitan housing starts publication provides the recent trends in housing starts for 29 metropolitan areas and expectations for starts over both the short and long term.

Document Highlights

There are six census metropolitan areas (CMAs) with positive short- and long-term expectations, the same number as last month.

The emerging COVID-19 virus pandemic could threaten positive expectations in the short term. More people are likely to delay buying as they self-isolate, and are faced with lower investment returns that could be used for down payments.