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Housing Starts Strong in January

— The seasonally adjusted annual rate1 of housing starts was 249,300 units in January, up from 212,600 units in December, according to Canada Mortgage and Housing Corporation (CMHC). “Historically low mortgage rates, solid employment and income growth, and a high level of consumer confidence continue to support residential construction …

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Source: CanEquity Mortgage News

This entry was posted on Thursday, February 8th, 2007 at 9:36 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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