Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

Canada's Housing Starts Rise More Than Expected in November

BY MT Newswires | ECONOMIC | 12/15/25 08:31 AM EST

08:31 AM EST, 12/15/2025 (MT Newswires) -- The total monthly seasonally adjusted annual rate of housing starts for all areas in Canada was up 9.4% in November to 254,058 units compared with October, said Canada Mortgage and Housing Corporation (CMHC).

November's increase was higher than the 250,000 consensus figure provided by Scotiabank.

The six-month trend in housing starts decreased 1.7% in November to 264,445 units, according to CMHC.

Actual housing starts were down 3% year over year in centers with a population of 10,000 or greater, with 21,870 units recorded in November compared with 22,501 units in November 2024. The year-to-date total was 219,077 units, up 4% from the same period in 2024.

The rural starts monthly SAAR estimate was 20,485 units.

CMHC, the country's national housing agency, defines a housing start as the beginning of construction work on the building where the dwelling unit will be located. It uses a rate adjustment to remove the data's seasonal variations.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article