The annual pace of housing starts – new housing construction projects – slowed, according to Canada Mortgage and Housing Corporation (CMHC), but dropped less than what was expected for the beginning of the year.  The yearly pace of urban starts slowed by 2.1% to 190,912 units as single-detached urban starts slumped by 10.4% to 44,559 units. The yearly pace of multiple-unit projects such as condos, apartments, and townhouses, actually, increased by 0.7% to 146,353... [read more]