Housing Starts Rise in Canada

The seasonally adjusted annual rate of housing starts in Canada rose to 238,200 in November from 225,000 in October, the Canada Mortgage and Housing Corp. has reported."Housing starts remain on track to reach a 17-year high in 2004," said Bob Dugan, chief economist at the CMHC. The CMHC can be found on the Web at http://www.cmhc.ca.

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