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Canadian Housing Starts Fall in December

Canadian housing starts in December 2018 totaled 206,981 units, down 2.6% from November. The standalone monthly seasonally adjusted annual rate (SAAR) of urban starts fell 5.8% from November to 194,594. Multiple urban starts were down 6.8%% to 144,728 and single-family levels dropped 2.6% to 49,866 from November. See CMHC

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