Source: The Canadian Press, July 9, 2019
OTTAWA — The annual pace of housing starts picked up in June, the latest piece of economic data to paint a picture of a stronger second quarter.
Canada Mortgage and Housing Corp. said Tuesday the pace of housing starts rose to a seasonally adjusted annual rate of 245,657 units compared with 196,809 units in May.
The result topped the 210,000 units that economists had expected, according to Thomson Reuters Eikon.
THE CANADIAN PRESS Jonathan Hayward
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