Home / Market Update / Housing Starts in Canada Rise in October

Housing Starts in Canada Rise in October

Housing starts in Canada increased in October by 3% on a monthly basis, data showed on Tuesday.

The seasonally adjusted annual rate of housing starts went up to 214,875 units from a revised reading of 208,715 units in September, according to the Canadian Mortgage and Housing Corporation (CMHC).

Check Also

Oil Prices Decline Amid Weak China Data, But Trade Talks Fuel Optimism for Future Demand

Oil prices dipped on Monday, as weak economic data from China weighed on market sentiment. …