Canadian housing starts rise 4% in July -CMHC
ReutersAug 18, 2025 12:28 PM
TORONTO, Aug 18 (Reuters) - Canadian housing starts unexpectedly rose in July, advancing 4% from the previous month, data from the national housing agency showed on Monday.
The seasonally adjusted annualized rate of housing starts rose to 294,085 units from a revised 283,523 units in June, the Canadian Mortgage and Housing Corporation (CMHC) said. Economists had expected starts to fall to 265,000.
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