Canadian housing starts trended higher in October

Author: Andre Ouimet - Mortgage Agent | | Categories: First Time Home Buyer Mortgage , Home Equity Loans , Mortgage Agent , Residential Mortgages

The trend in housing starts was 222,734 units in October 2020, up from 214,372 units in September 2020, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

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Original Article Source Credits:   NewsWire , https://www.newswire.ca/

Article Written By:  NA

Original Article Posted on:  Nov. 17, 2020

Link to Original Article:  https://www.newswire.ca/news-releases/canadian-housing-starts-trended-higher-in-october-891877273.html



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