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Canadian Housing Starts Drop in September

Canadian housing starts in September totaled 214,821 units, down 2.6% from August. The standalone monthly seasonally adjusted annual rate (SAAR) was 217,118, falling 3.9% from the previous month.  Multiple urban starts fell 10.7% from August totals to 131,388 and single-family totals rose 8.2% to 67,522.  See CMHC

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