Slight rise for September housing starts

OTTAWA — The standalone monthly SAAR of housing starts was 197,343 units in September, up modestly from 196,283 in August, according to data from the Canada Mortgage and Housing Corporation. The SAAR of urban starts increased to 177,019 in September, from 176,234 in August. Multiple urban starts in September increased to 114,579 units while the single-detached urban starts segment decreased to 62,440 units. In September, the seasonally adjusted annual rate of urban starts decreased in British Columbia and Atlantic Canada, and increased in Quebec, Ontario, and the Prairies.