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Canada April Housing Starts Jump 14% To 244900 Annual Rate

18.05.12 Canadian housing starts came in well ahead of expectations in April, mostly due a big jump in multi-unit projects, Canada Mortgage and Housing Corp. said Tuesday.

Housing starts jumped 14% to an annual rate of 244,900 in April. Market expectations were for an annual rate of 204,000, according to RBC Capital Markets.


Source: Fox Business