OTTAWA — The standalone monthly rate of housing starts was 165,861 units (seasonally adjusted) in January, down from 172,533 units in December, according to the Canada Mortgage & Housing Corp. The seasonally adjusted rate of urban starts decreased by 3% in January to 153,701 units. Multiple urban starts decreased by 5.3% to 95,406 units in January and the single-detached urban starts increased by 1% to 58,295 units. In January, the seasonally adjusted annual rate of urban starts decreased in Quebec, the Prairies, and British Columbia, but increased in Ontario and Atlantic Canada.
Housing starts fall in January
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