Canadian Housing Starts Post a Larger than Expected Decline to Start 2013
Posted by adminCanadian housing starts decreased by 18.5% to an annualized pace of 160,600 in January 2013 from the revised 197,100 in December 2012 (previously reported as 198,000). This represents the lowest level of new home construction since July 2009. Market expectations were for a modest decline to 195,000 annualized starts in



