Canadian March housing starts 246K vs 250K expected

  • Canadian home construction data
canada housing starts March 2022
  • Prior was 247.3K (revised to 250.2K)
  • Non-seasonally adjusted 252.5K
  • Full report

This month's Federal budget had money for streamlining home construction permitting but that will take some time to show up in the data. The decline this month was driven by lower multi-family starts.

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