The number of home groundbreakings rose sharply in June on a seasonally adjusted basis. For the month, 245,657 units were started, a 26% increase, and comfortably above market expectations of 210,000 units. This was the highest since November 2017, with multi-family buildings rocketing 31% and single-detached homes rising 8% as gains were seen in all 10 provinces for the first time since 1996…
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