Rajatheertha Construction & Real Estate News Blog

  Canada Building Permits Jump 8.8% to C$13.6 Billion — But Is Housing Supply Actually Catching Up? Canada | October 16, 2026 Canada has just reported one of its strongest monthly increases in building permits this year, but the headline number hides a much more complicated housing story. The total value of building permits issued across the country rose 8.8% in August to C$13.6 billion , Statistics Canada reported on October 14. Residential construction was responsible for essentially all of that increase. The value of residential permits climbed 15.3% to C$8.47 billion , while non-residential permits were almost unchanged at approximately C$5.1 billion. For a country that has spent years debating a severe housing shortage, those numbers initially sound encouraging. But there is an important catch. The surge was overwhelmingly driven by multi-unit housing such as apartments and condominiums , while single-family construction barely moved. And when the data is viewed over a full ye...

  US Housing Starts August 2026: Why Builders Are Starting More Homes While Completions Fall United States | October 8, 2026 America's homebuilding data is sending two very different signals. Builders started construction on single-family homes at a much faster pace in August, with single-family housing starts jumping 7.6% from July to a seasonally adjusted annual rate of 918,000 homes . But at the other end of the construction pipeline, only 816,000 single-family homes were being completed at an annualised pace , down 22.9% from a year earlier . Building permits—the indicator that can offer clues about future construction—also weakened, falling 1.8% from July to an annual rate of 878,000. At first glance, that looks contradictory. How can builders be starting more houses while finishing fewer? The answer is that housing starts and housing completions measure completely different stages of the construction cycle. And when the numbers are considered alongside falling builder confide...