February 9, 2015 / 1:27 PM / 2 years ago

Canadian housing starts gain in January

1 Min Read

OTTAWA, Feb 9 (Reuters) - Canadian housing starts unexpectedly rose in January, though the longer-term trend measure of new construction edged down, data showed on Monday.

A report from the Canadian Mortgage and Housing Corp showed the seasonally adjusted annualized rate of housing starts rose to 187,276 units last month from a downwardly revised 179,637 in December. That surpassed the 178,000 economists had expected.

December had previously been reported as 180,560 units. (Reporting by Leah Schnurr)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below