Annual pace of Canadian housing starts in September up 5% from August, CMHC says
Canada Mortgage and Housing Corp. says the annual pace of housing starts in September was up five per cent compared with August.
The national housing agency said the seasonally adjusted annual rate of housing starts was 223,808 units in September, up from 213,012 in August.
The increase came as the pace of starts in urban centres rose six per cent to 210,002 units in September compared with 199,035 in August.
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