July housing starts data from the CMHC
- Prior was 245.7K (revised to 245.5K)
- -9.6% m/m
- Detached -1.6% m/m
- All others -12.0% m/m
Quebec and BC both had sizeable drops but starts remain at healthy levels nationwide.
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Canada July housing starts 222.0K vs 202.0K expected
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