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Canadian Housing Starts index increased against lower expectations…

Canada: Housing Starts rate

The Canada Mortgage and Housing Corporation reported today that the annually adjusted housing starts rate grew to 200 200 units in December 2011.

Index rose from 185 600 units in November.

Analysts also expected housing starts rate for about 186 000 units in December.

Right after report release CAD reminded lower against USD with couple traded at. 1.0171.

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