Canada November housing starts 236.1K vs 301K prior

  • Canadian housing starts from the CMHC
Canadian housing starts
  • Prior was 301K
  • Urban starts -24% vs +29% prior
  • Multiple units -29% vs +41% prior
  • Single-detached -4% vs +1% prior

There was a big jump in the prior month due to several starts in Toronto condo buildings. That's unwound in this report.

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