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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
(MNI) OTTAWA
OTTAWA (MNI)
Canadian housing starts fell for a second consecutive month in July, although the six-month trend remained near a record high, the federal housing agency reported Tuesday.
Starts fell 3.2% to 272,176 units at an annualized pace from a revised 281,200 in June. Economists predicted a pace of 279,000 units. The figures mesh with MNI reporting that policy makers will let the market cool without strong intervention even amid the BOC's concern about indebted households. (See: Canada Seen Letting Half-Century Home Boom Ride)
Source: CMHC
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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