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Canadian Housing Starts Up in November

Canadian housing starts in November totaled 226,270 units, up 4.4% from October. The standalone monthly seasonally adjusted annual rate (SAAR) was 252,184, rising 12.5% from the previous month.  Multiple urban starts rose 16.9% from October to 175,016 and single-family totals increased by 7.5% to 60,396.  See CMHC

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