Canada June housing starts 281.4K vs 220.0K expected

<ul><li>Prior was 202.5K (revised to 200.0K)</li><li>largest month-to-month change in the last 10 years</li><li>Multi-unit urban starts increased by 59% to 219,914</li><li>Single-detached urban starts increased by 3% to 42,901</li></ul><p>That's a strong number, something Canada will need much of in the years ahead as it copes with a housing shortage.</p>

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