Canada: Housing starts increase 5.8% in January |
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Annual rate Latest : 186.3K (actual); 180.0K (forecast); Previous 176.1K (revised from 174.5K) FACTS: Canadian housing starts increased by 5.8% in January to 186.3K units from an upwardly revised 176.1K in December. Urban starts increased to 165.2K from 158.3K the previous month. Starts in rural areas also gained ground rising to 21.1K. Single family starts in urban areas rose 3.3% to 88.9K while multiple starts in urban areas advanced by 5.7% to 76.3K. On a regional basis, British Columbia
Filed under: Fundamental
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