The annualized rate of housing starts fell by 11 percent in March to 213,865 units, compared to February’s 240,927 units, according to the Canada Mortgage and Housing Corp. The rate of urban starts fell by 12 percent to 192,545 units, with single-detached urban starts down 16 percent. Rural starts were estimated at a rate of 21,320 units.
Housing starts decline in March
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