, the Canadian Broadcasting Corporation reported that although the housing sales plunged the situation in Canada Vancouver the real estate market was crazy city, but the construction of Canadian national housing developers in 2016 is still continue to rise.
Canada in December housing starts increased from 187273 in November to 207041 units of residential housing units, the rate of increase of 11.8%; the independent housing construction increased by 8.1%, while the apartment unit housing construction volume increased by 13.9%. Statistics Canada housing mortgage companies
CHMC show that Canada 2016 annual housing construction volume is still higher than in 2015; however, British Columbia province and Alberta Province, the two western provinces in 2016 housing starts decline than in 2015.
CHMC forecast 2017 Canada housing starts will decline, the main reason is that the Canadian federal government and provincial government has introduced strict control of mortgage payment and restrictions on foreigners buying measures.