Housing starts as buyers Prefer Alternatives, dip in Toronto area


As home choices are being favoured by buyers in a market builders are launching construction.

Toronto saw a 19-per-cent fall in detached home begins in July compared with the same month last year, while construction of different types of housing — such as semi-detached houses, townhouses and condos — increased 21 percent in the same period, based on housing starts data released Wednesday from Canada Mortgage and Housing Corp..

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