OTTAWA — The seasonally adjusted annual rate for housing starts was 156,823 units in March, a decrease from 190,639 in February. The SAAR of urban starts decreased by 18.8% in March to 142,502 units. Multiple urban starts decreased by 25.5% to 87,372 units in March while the single-detached urban starts segment decreased by 5.4% to 55,130 units. In March, the seasonally adjusted annual rate of urban starts increased in British Columbia and the Prairies, and decreased in Atlantic Canada, Ontario, and Quebec.
Housing starts fall in March
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