The Conference Board of Canada said Monday that St. John’s was among the country’s cities with the biggest year-over-year declines in housing starts in July.
The other cities were Kingston, Moncton, Quebec City and Toronto.
The release notes that overall in the country, short-term expectations were positive for 13 of the 28 census metropolitan areas (CMAs) this month, while half of the CMAs have positive long-term expectations.
Most of the Canadian cities from Quebec eastward continue to have both negative short- and long-term expectations.
Winnipeg had the biggest year-over-year increase in housing starts this month.