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

Euro’s Surge: Can it Change the Global Game?

While the US labor market shows signs of softening, the Eurozone is telling a different …