Oct
11
Home Starts Jump Before Canada’s Tougher New Rules Take Hold
ByCanadian housing starts rose at the fastest pace in a year in September, with gains across most regions and categories in the last report before tougher federal mortgage rules to prevent a crash.
The annual pace of home starts was 220,617 on a seasonally adjusted basis, up 20 percent from August, Ottawa-based Canada Mortgage & Housing Corp. said Tuesday. The total was higher than all 15 estimates in a Bloomberg survey of economists that had a median of 190,000 units…
Home Starts Jump Before Canada’s Tougher New Rules Take Hold
