Canada Housing Starts Posted Rare Drop in September - News Summed Up

Canada Housing Starts Posted Rare Drop in September


OTTAWA—Canadian housing starts fell in September after eight straight monthly gains, although the level remains elevated and suggest residential construction lifted economic growth in the third quarter. Starts declined 3.9% to a seasonally adjusted annual rate of 217,118 units in September from the previous month, Canada Mortgage and Housing Corp. said Tuesday. Market expectations weren’t immediately available.


Source: Wall Street Journal October 10, 2017 14:30 UTC



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