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Canada housing starts lower than expected in June

USDCAD News by Newsroom on 08:39 July 10, 2018 EST


The trend in housing starts was 222,041 units in June 2018, compared to 216,701 units in May 2018, according to Canada Mortgage and Housing Corporation (CMHC) while 210.0K were expected

This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.




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