Canada Housing Starts Beat Forecasts in February - 2004-03-08
Canadian housing starts climbed about 9.5 percent in February, recovering from the previous month, as low interest rates helped create new construction, Canada Mortgage and Housing Corp. said on Monday.
A solid job market coupled with healthy consumer confidence helped lift starts to a seasonally adjusted annual rate of 214,100 units from an unrevised 195,500 units in January.
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