Canadian housing starts fall 1% in August -CMHC

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Canadian housing starts fall 1% in August -CMHC
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TORONTO (Reuters) - Canadian housing starts fell 1% in August compared with the previous month as groundbreaking decreased on multiple-unit projects, ...

TORONTO - Canadian housing starts fell 1% in August compared with the previous month as groundbreaking decreased on multiple-unit projects, data from the national housing agency showed onSaltWire's Atlantic regional weather forecast for September 18, 2023 | SaltWireTORONTO - Canadian housing starts fell 1% in August compared with the previous month as groundbreaking decreased on multiple-unit projects, data from the national housing agency showed on Monday.

The seasonally adjusted annualized rate of housing starts fell to 252,787 units from a revised 255,232 units in July, the Canadian Mortgage and Housing Corporation said. Economists had expected starts to fall to 247,100.

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