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June 10, 2014 | CREBNow

CMHC releases May housing start numbers

Trend in total housing starts in Calgary declines in May

In a release from the Canada Mortgage and Housing Corporation (CMHC), housing starts in the Calgary Census Metropolitan Area were trending at 15,776 units in May compared to 17,239 in April. The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of total housing starts.

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