Canada housing begins for July 2 94.1 Okay versus 265.zero Okay estimate.
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- Prior month 283.5K revised to 291.zero Okay
- Housing begins 294.1K versus estimate of 265.0K
Montréal posted a 212% year-over-year enhance in precise housing begins in comparison with July 2024, pushed by considerably greater multi-unit begins.
Vancouver recorded a 24% enhance in begins this month, pushed by greater multi-unit begins.
A lower in multi-unit begins and single-detached begins drove the 69% year-over-year lower in Toronto’s housing begins in comparison with July 2024.
This text was written by Emma Wang at investinglive.com.
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