Canadian housing starts rise in Sept-CMHC

Wed Oct 8, 2014 8:22am EDT
 
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TORONTO Oct 8 (Reuters) - Canadian housing starts rose more than expected in September, while the previous month was also revised modestly higher, data showed on Wednesday.

A report from the Canada Mortgage and Housing Corp showed the seasonally adjusted annualized rate of housing starts climbed to 197,343 units last month from an upwardly revised 196,283 units in August.

That topped analysts' forecasts for 196,100. August was originally reported as 192,368. (Reporting by Leah Schnurr; Editing by Chizu Nomiyama)