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Canadian housing starts decrease 6% in March

BY Reuters | ECONOMIC | 04/17/26 08:27 AM EDT

TORONTO, April 17 (Reuters) - Canadian housing starts posted a surprise decline in March, falling 6% from the previous month, data from the national housing agency showed on Friday.

The seasonally adjusted annualized rate of housing starts decreased to 235,852 units from a revised 250,961 units in February, the Canada Mortgage and Housing Corporation (CMHC) said. Economists had expected starts to rise to 255,000.

(Reporting by Fergal Smith; editing by Philippa Fletcher)

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