Canada Mortgage and Housing Corp. (CMHC) reports that the seasonally adjusted annual pace of housing starts edges down in August compared with July. CMHC says the annual rate for August is 229,046 units, lower than 229,360 units in July.
The reports note that this change reflects how monthly starts translate into an annualized figure after seasonal adjustments. One outlet also frames the update alongside the number of actual housing starts in centres, indicating the broader context behind the headline annual-rate movement. Across the coverage provided, the focus remains on the national August figure and its month-over-month comparison, rather than on regional results or policy explanations.
Overall, the outlets agree on the direction and magnitude of the change: a small decline in the August annual pace of housing starts from the July level, as reported by CMHC.