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Housing Starts Move Down in February

— The seasonally adjusted annual rate1 of housing starts was 196,200 units in February, down from 248,500 units in January, according to Canada Mortgage and Housing Corporation (CMHC). “Following the unusually strong surge in construction activity in January, which was partly attributable to the unseasonably warm weather, housing starts in February …

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Source: CanEquity Mortgage News

This entry was posted on Thursday, March 8th, 2007 at 9:02 am and is filed under Advice. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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