A construction worker is pictured working on a housing development in Brampton, Ont., on July 12, 2022. (Evan Mitsui/CBC)
Canadian housing starts rose 14 per cent in September compared with the previous month, a sharper increase than expected, data from the national housing agency showed on Thursday.
The seasonally adjusted annualized rate of housing starts was 279,234 units, up from a revised 244,543 units in August, the Canada Mortgage and Housing Corporation (CMHC) said.
Economists had expected starts to rise to 255,000 units.
