Pace of Canadian housing starts picks up: CMHC

[ahlam1399]

http://img-s-msn-com.akamaized.net/tenant/amp/entityid/BBdnUzR.img?h=100&w=100&m=6&q=60&o=f&l=f&x=1140&y=456OTTAWA - Canada Mortgage and Housing Corp. says the pace of housing starts picked up in November, pushing the six-month trend to the highest level in nearly a decade. The Ottawa-based Crown corporation says construction of multiple-unit projects in Toronto has been a driving force behind the trend. In November, the seasonally adjusted annualized rate of housing starts across Canada was 252,184 units ? up from 222,695 units in October. Multiple-unit ...

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