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Canadian Housing Starts Rise in June

Canadian housing starts in June totaled 222,041 units, up 2.5% from May. The standalone monthly seasonally adjusted annual rate (SAAR) of urban starts increased 29.9% from May to 228,844. Multiple urban starts in June were up 46.4% from the previous month to 172,845. Single-family urban totals fell 3.5% from May to 55,999.  See CMHC

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