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Canadian Housing Starts Fall 0.4% in June

WFB Editors
Jul 24, 2024

Canadian housing starts dipped 0.4% from May to June to a seasonally adjusted rate of 247,205 units, according to the Canada Mortgage and Housing Corporation. 

Housing starts increased 23% in Montréal due to a 23% increase in new apartment buildings. Meanwhile, Vancouver’s starts decreased 13%, and Toronto fell 37% due to a decrease in new apartments.

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