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Blog by Linda M Linfoot

Housing Starts Surge

September 1st, 2008

Housing starts surge Latest month available: September

 

  • Canadian housing starts continue to defy expectations with starts rising a phenomenal 19.6% in September to an annualized 278,200 units, the highest level of starts since 1978. Market expectations had been for starts to moderate to 218,000. The increase came on top of an upwardly revised level in August of 232,700, originally estima ...