Single-family housing starts fall in February

The annualized pace of housing starts rose by 14 percent in February to 253,468 units, the Canada Mortgage and Housing Corp. reports, from 223,176 units in January. The actual number of urban housing starts was up 11 percent to 17,495 units, from 15,822 a year earlier. Single-detached starts decreased 14 percent in February.

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