PHOTO
A row of houses are seen across the street from a steel mill in Hamilton, Ontario, Canada May 14, 2017. Picture taken May 14, 2017. REUTERS/Chris Helgren - RTS19X7N
OTTAWA - Canadian housing starts fell 3% in August compared with the previous month as a decline in multi-unit urban starts offset a slight increase in single-detached, data from the national housing agency showed on Friday.
The seasonally adjusted annualized rate of housing starts was 267,443 units in August, down from a revised 275,158 units in July, Canadian Mortgage and Housing Corporation (CMHC) data showed. Analysts had forecast starts would dip to 265,000.
(Reporting by Julie Gordon in Ottawa; Editing by Hugh Lawson)
