Housing starts

It's the fourth month in a row that housing starts in the region were behind their pace from 2020.
It's the third month in a row that new builds lagged behind their pace of a year ago.
Developers started work on 795 new dwellings across the region last month, a 19 per cent drop from a year earlier.
The decrease was primarily due to a relatively low number of multi-residential starts, which can fluctuate from month to month.
Developers appear to be working overtime to play catch-up amid surging demand for inventory in the capital’s red-hot housing market.
Local builders started work on 588 new units on the Quebec side of the river last month, accounting for the lion’s share of the year-over-year growth across the region.
Developers in the National Capital Region broke ground on 1,196 new dwelling units last month, up from 634 in March 2020, agency says.
Builders started work on just 754 new units last month, down from 1,178 in February 2020, the housing agency reported Monday.
Ottawa homebuilders started work on 450 new dwellings in January, up from 371 starts in the same month in 2020, the federal agency reported this week. 
Developers launched 1,074 new builds last month, according to the Canada Mortgage and Housing Corp., up from 854 starts recorded a year earlier.