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Canadian Housing Starts Steadily Rise in December

Canadian housing starts in December totaled 226,777 units, up 0.3% from November. The standalone monthly seasonally adjusted annual rate (SAAR) fell 13.8% from the previous month to 216,980.  Multiple urban starts dropped 22% from November to 135,176 and single-family totals increased 4.7% to 62,956.  See CMHC

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