A Jaw-dropping Level of Housing Starts in March
Abstract:
Canada Mortgage and Housing Corporation (CMHC) released its March 2008 figure on housing starts in the country today. The national total was 255,000 units, seasonally adjusted at an annual rate. How can Canadian starts stay so high when the U.S. figure has dropped more than 50% since early 2006?
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Canada Mortgage and Housing Corporation (CMHC) released its March 2008 figure on housing starts in the country today. The national total was 255,000 units, seasonally adjusted at an annual rate. How can Canadian starts stay so high when the U.S. figure has dropped more than 50% since early 2006?