Housing Starts Decreased in August as Expected
OTTAWA, Ontario, September 11, 2006 — The seasonally adjusted annual rate1 of housing starts was 213,700 units in August, down from 236,500 units in July, according to Canada Mortgage and Housing Corporation (CMHC).
“Housing starts decreased in August solely due to a decline in the multiple starts segment. After three consecutive months of increases, the volatile multiple starts segment ...
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Source: CanEquity Mortgage News
