Tuesday, May 8, 2007

UPDATE 1-Rural weakness pinches Canada housing starts

(Reuters) - The number of starts eased to a seasonally adjusted annualized 211,900 units from a revised 214,000 units in March. The consensus expectation of analysts was for 215,000 starts.

Rural starts in April were estimated at an annual rate of 32,900 units, down from 36,100 in March.


Read more at Reuters.com Economic News

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