housing start

Meanwhile, the Conservatives, led by Pierre Poilievre, vowed to tie federal funding to housing starts by rewarding cities that build more homes and penalising those that block construction - a carrot-and-stick approach.

We know that housing starts in the last financial year were less than 135,000.

That would represent a pullback from November, when housing starts surged by nearly 15% from October to the highest level in six months.

Single-family housing starts have now risen three months in a row and are outpacing home completions for the first time since the spring of last year.

Treasury yields , which also bounced on Friday and were propped further by both Federal Reserve hawkishness and unexpected housing starts data from last month.