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Canadian housing starts 156.3K vs. 179.0K forecast

Published 09/03/2015, 12:15
Canadian housing starts 156.3K vs. 179.0K forecast
Investing.com - Canadian housing starts fell more-than-expected last month, official data showed on Monday.

In a report, Canadian Mortgage and Housing Corporation said that Canadian housing starts fell to a seasonally adjusted annual rate of 156.3K, from 187.0K in the prior month whose figure was revised down from 187.3K.

Analysts had expected Canadian housing starts to fall to 179.0K last month.

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