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Canadian housing starts jumped 9.4% in November, led by multi-unit construction in cities.
Housing starts in Canada rose 9.4% in November compared to October, according to the Canada Mortgage and Housing Corporation (CMHC).
The increase was driven by a rise in multi-unit residential construction, particularly in major urban centers.
The data reflects ongoing activity in the housing market despite high interest rates and affordability challenges.
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Las nuevas viviendas canadienses aumentaron un 9,4% en noviembre, encabezadas por la construcción de unidades múltiples en las ciudades.