Housing Starts Move Higher in June
OTTAWA, JULY 11, 2006 — The seasonally adjusted annual rate1 of housing starts was 232,200 units in June, up from 222,200 units in May, according to Canada Mortgage and Housing Corporation (CMHC).
"Although housing starts moved higher in June, much of the increase came from the volatile multiple segment of the new home market," said Bob Dugan, Chief Economist at CMHC's Market Analysis ...
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Source: CanEquity Mortgage News
