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Canadian Housing Starts Fall in August

Canadian housing starts in August totaled 214,598 units, down 2.3% from July. The standalone monthly seasonally adjusted annual rate (SAAR) of urban starts fell 2.5% from July to 184,925. Multiple urban starts were down 2.4% to 132,700 and single-family levels dropped 2.6% to 52,225 from July. See CMHC

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