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Canada housing starts speed up in March

Posted on 12 April 2012

Canadian housing starts grew faster than expected in March, led by a surge in construction of multiple units that fueled concern about possible over-building in the Toronto condo market.
Canada Mortgage and Housing Corporation (CMHC) said on Wednesday that housing starts rose to 215,600 units on a seasonally adjusted annualized basis in March, up from 205,300 units in February………………………………………..Full Article: Source


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