Canadian housing starts decrease 6% in March
Tweet
Share
E-mail
FILE PHOTO: A for sale sign is displayed outside a home in Toronto, Ontario in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo
TORONTO, April 17 (Reuters) - Canadian housing starts posted a surprise decline in March, falling 6% from the previous month, data from the national housing agency showed on Friday.
The seasonally adjusted annualized rate of housing starts decreased to 235,852 units from a revised 250,961 units in February, the Canada Mortgage and Housing Corporation (CMHC) said. Economists had expected starts to rise to 255,000.
(Reporting by Fergal Smith; editing by Philippa Fletcher)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Exclusive-NBCUniversal may enter video game business after Comcast split, sources say
- Keiko Fujimori leads Peru's presidential race after official count concludes
- China grounds light aircraft after Beijing tower crash, FT reports
Create E-mail Alert Related Categories
ReutersRelated Entities
Housing StartsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
