December Canadian housing starts were at a seasonally adjusted annual rate of 226,777, slightly above November’s rate of 226,178 and the highest level since 2008, according to the Canada Mortgage and Housing Corporation.

“Despite the variation in activity across the country, the national trend in housing starts held steady at its highest level since 2008,” said Bob Dugan, CMHC’s chief economist, in a statement.

The monthly rate in December was 216,980, down 13.8 percent from 251,675 in November. Multifamily urban starts decreased 22 percent to 135,176 and single-family urban starts increased 4.7 percent to 62,956.