In March 2026, Canadian housing starts experienced a notable decline, as reported by the latest data from the Canada Mortgage and Housing Corporation (CMHC). This slowdown comes after a period of strong activity in the housing market, raising questions about future trends. The CMHC figures reveal a significant drop in new residential constructions, impacting major urban centers across the country. Analysts suggest several factors contributing to this decrease, including rising interest rates and escalating construction costs, which may be cooling the previously hot housing market. Homebuilders and policymakers are closely monitoring these developments to assess potential long-term impacts on housing availability and affordability. As the Canadian real estate market adapts to these changing dynamics, stakeholders are considering strategies to address the reduced pace of new home constructions. The report has drawn attention from both industry experts and potential homebuyers who are keen to understand its implications for future housing supply.
StoreysNew data shows NT tourism spending soars to a record $2.36bn amid surge in interstate visitors
October 1, 2026
New data reveals that Northern Territory tourism spending has reached a record-breaking $2.36 billion, highlighting a significant boom despite economic and environmental headwinds. This surge