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Canadian housing starts trend higher in June: CMHC
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Canadian housing starts trend higher in June: CMHC

The trend in housing starts was 258,295 units in June, up from 252,444 units in May, 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. CMHC uses the trend measure as a complement to the monthly SAAR...