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

Weekly Recap: Dollar Leads Amidst Global Developments

The US dollar showed mixed performance over the past week, starting on a weak note …