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Worries lurk behind Canada’s renewed building boom Add to ...

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It seems we’re not as intimidated by 200,000 Canadian housing starts as we used to be.

Canada Mortgage and Housing Corp. reported Monday that May housing starts came in at a 198,300 annualized rate, the fastest pace in seven months and considerably above economists’ expectations. Starts have now averaged 197,500 over the past two months, a dramatic turnaround from the 175,000 average for the first quarter of 2014.

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