Friday, June 8, 2007

UPDATE 1-Urban strength boosts Canada May housing starts

(Reuters) - The number of starts rose to a seasonally adjusted
annualized rate of 229,700 units from 211,900 units in April.
The consensus expectation of analysts was for 215,000 starts.




Urban multiple starts climbed 16.3 percent to 110,100
units, while urban single-family dwellings edged up 2.8 percent
to 86,700 units.


Read more at Reuters.com Economic News

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