HomeBlogUncategorizedCanada June housing starts 239.0K vs 257.9K expected

Canada June housing starts 239.0K vs 257.9K expected

Prior was 261.4K (revised to 253.1K

Housing activity propelled the Canadian economy for years
but those days are long gone. Housing is a stubborn drag on the economy and it’s going to take awhile to turn it around. There are pockets of strength but Ontario is a problem and it’s not clear that we’re at a bottom yet (though probably close).

This article was written by Adam Button at investinglive.com.


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