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Canada June housing starts rise to 218,333 - CMHC

Published 2016-07-11, 08:21 a/m
© Reuters.  Canada June housing starts rise to 218,333 - CMHC

OTTAWA, July 11 (Reuters) - Canadian housing starts rose
much more than expected in June from May, bolstered by apartment
construction in the province of Ontario, data from the national
housing agency showed on Monday.
The report from the Canadian Mortgage and Housing Corp
showed the seasonally adjusted annualized rate of housing starts
rose to 218,333 in June, up from a revised 186,709 in May.
Economists had forecast 190,000 starts in June.

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