Krishen Rangasamy, Research Analyst at NBF, suggests that Canada’s residential construction is on track for another record year as at least that’s the message from CMHC whose data shows urban housing starts averaging a massive 204K at seasonally adjusted annual rates in the first half of 2018. Key Quotes “Multiple units (e.g. condos) now account for more than 70% of urban starts, with builders seemingly responding to land constraints and demand for affordable housing.” “Changing demographics also seem to be a factor in the trend towards the construction of multis. In Quebec for instance multis now account for 86% of urban starts, with construction tilting towards rental units which include housing for seniors.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Small businesses remain optimistic – Nomura FX Street 4 years Krishen Rangasamy, Research Analyst at NBF, suggests that Canada's residential construction is on track for another record year as at least that's the message from CMHC whose data shows urban housing starts averaging a massive 204K at seasonally adjusted annual rates in the first half of 2018. Key Quotes "Multiple units (e.g. condos) now account for more than 70% of urban starts, with builders seemingly responding to land constraints and demand for affordable housing." "Changing demographics also seem to be a factor in the trend towards the construction of multis. In Quebec for instance multis now account for 86% of… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.