Tree Frog Forestry News

October Housing Starts Trend Lower in Canada

Canadian Housing and Mortgage Corp
Forex Factory
November 8, 2019
Category: Finance & Economics
Region: Canada

Canadian housing starts fell in October compared with the previous month as groundbreaking decreased on multiple unit urban homes, data from the national housing agency showed on Friday. The seasonally adjusted annualized rate of housing starts fell to 201,973 units from a revised 221,135 units in September, the Canadian Mortgage and Housing Corporation said. Economists had expected starts to be 221,200.

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