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Multiple Starts Posted Another Strong Result in July

OTTAWA, Ontario, August 9, 2006 — The seasonally adjusted annual rate1 of housing starts was 236,500 units in July, marginally up from June by 100 units, according to Canada Mortgage and Housing Corporation (CMHC).

“The strong results achieved this past month were attributable to the performance of the multiple starts registered in Ontario and British Columbia, which countered the results ...

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Source: CanEquity Mortgage News

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