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0 0.00152157374198457 -0.000233670253233379 0.00133898489294639 0.00271709596782958 0.00847733941962831 0.0123899576133029 0.0128246929681556
Stock impact report

Housing starts down seven per cent in March from February: CMHC [Financial Post (Toronto, Ontario, Canada)]

Cabot Corporation (CBT) 
Last cabot corporation earnings: 2/3 04:16 pm Check Earnings Report
US:NYSE Investor Relations: cabotog.com/investors
Company Research Source: Financial Post
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February. The national housing agency says the seasonally adjusted annual rate of housing starts amounted to 242,195 units in March compared with 260,047 in February. Article content When looking at year-over-year figures, actual housing starts in large urban centres were up 16 per cent to 17,052 units last month compared with 14,756 units in March 2023. The year-over-year increase was driven by higher multi-unit starts, up 19 per cent, and higher single-detached starts, up two per cent. Article content Actual housing starts were 10 per cent higher in Toronto and 15 per cent higher in Vancouver year-over-year because of an increase in multi-unit starts. Montreal's actual starts dipped one per cent, dragged down by lower multi-unit starts. The annual rate of rural starts was estimated at 21,452 units. TD economist Rishi Sondhi said housing star Show less Read more
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