Canada: housing starts fall more than expected

Note: This section contains information in English only.
Source: Forexpros

Canadian housing starts decreased more than expected in November, according to official data. The housing starts in the country decreased to 181,000 units last month, compared to expected drop to 200,000 units, reported the Canada Mortgage and Housing Corporation.  After data release, the Canadian dollar rose against the USD by 0.18%. The pair USD/CAD is currently trading at 1.0079.

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Thu, 08 Dec 2011 15:21:47 GMT

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