Canadian Housing Market Remains Resilient Amid Minor Slowdown

Staying informed on national housing trends is a key part of what we do at Girls on the Go Real Estate. July brought a 5% decrease in Canadian housing starts, with total starts at 229,074 units. Notably, urban starts declined 19% compared to last year, with Vancouver experiencing a steep 42% drop and Toronto down 10%. Montreal, on the other hand, saw a 3% uptick. While completions rose by 8.1%, the outlook suggests that new starts may continue to be subdued for a while. We make it our business to track these shifts, so our clients in Medicine Hat and the surrounding communities always have the latest insights at their fingertips. Having up-to-date information helps you make the best decisions, whether you’re buying or selling.