Wires

Canada housing starts slow in September

TORONTO, Oct 9 (Reuters) - Canadian housing starts slowed inSeptember as multiple urban starts slumped, particularly inOntario, in line with expectations that housing constructionwill ease as the year progresses, Canada Mortgage and HousingCorp said on Tuesday.

The seasonally adjusted annualized rate of housing startswas 220,215 units in September, compared with 225,328 units inAugust. The August figure was revised up from 224,900 unitsreported previously.

The number of starts in September was above the forecasts ofanalysts in a Reuters poll, who had expected 207,500 starts.

(Reporting By Andrea Hopkins; Editing by Jeffrey Hodgson)

((Andrea.Hopkins@thomsonreuters.com)(416 941 8159))

Keywords: CANADA ECONOMY/HOUSING