Housing Starts Move Lower in September
OTTAWA, Ontario, October 10, 2006 — The seasonally adjusted annual rate1 of housing starts was 211,300 units in September, down slightly from 216,600 units in August, according to Canada Mortgage and Housing Corporation (CMHC).
"The decline in housing starts is attributable to a decline in multiple starts, which reached their lowest level since July 2004. For a second consecutive month, single-...
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Source: CanEquity Mortgage News
