Canada Dec housing starts 249.3K vs 243.0K expected

<ul><li>Prior was 212.6K (revised to 210.9K)</li></ul><p>Canada desperately needs housing but until there is some clarity on the direction of house prices, builders will be reluctant to bring projects into the pipeline. Moreover, December starts are the trough for the year.</p>

This article was written by Adam Button at www.forexlive.com.