Canadian Housing Starts Decline 6% in March to 235,852 Units
Canadian housing starts fell 6% in March to an annualized rate of 235,852 units. The surprise decline missed economist expectations for a rise to 255,000 units.
Xurve View
Xurve View
Residential construction activity in Canada experienced a surprise downturn in March, as housing starts fell by 6% compared to the previous month. Data released by the national housing agency on Friday indicates a shift away from the growth anticipated by market analysts.
