Canada April housing starts 214.1K vs 215K expected

New housing construction data from the Canada Mortgage and Housing Corporation
– Prior was 253.2K
– Urban starts decreased by 15.3 per cent in April to 199,485 units
A big part of the latest housing boom in parts of Canada is tight supply. With prices up, builders will want to build and there is land supply in many places but there is a lot of bureaucracy.