Global News  · 

Investment in housing construction is declining across Canada, data shows

Canada's housing construction investment is slipping — a warning sign as the affordability crisis deepens.

Canada's building construction sector attracted $22.6 billion in investment in March, down $304.6 million — a 1.3 per cent decline from February. The drop signals a continued cooling in housing construction activity across the country. This trend raises concerns about Canada's ability to keep pace with its growing housing demand.

From the source

Canada’s real estate sector saw $22.6 billion invested in building construction in March, a drop of $304.6 million, or 1.3 per cent, compared with February.

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