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Canadian Housing Starts Increase in January

Canadian housing starts in January totaled 208,131 units, up 0.46% from December. The standalone monthly seasonally adjusted annual rate (SAAR) of urban starts fell 2.1% from December to 190,912. Multiple urban starts totaled 146,353, up 0.7% from the previous month, and single-family levels dropped 10.4% to 44,559. See CMHC

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