Housing starts rise from last month, up eight per cent in November: CMHC [Yahoo! Finance Canada]
Cabot Corporation (CBT)
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Source: Yahoo! Finance Canada
The national housing agency says the seasonally adjusted annual rate of housing starts came in at 262,443 units in November, up from 242,207 in October. The increase came as the annual pace of urban starts rose nine per cent to 245,083 in November compared with 224,492 in October. The annual pace of multi-unit urban starts, such as apartments, condominiums and townhouses, rose 11 per cent to 195,281, while the annual pace of single-detached urban starts increased four per cent to 49,802 units. The annual pace of rural starts were estimated at 17,360 units. CMHC says the six-month moving average of the seasonally adjusted annual rate of housing starts was down 0.3 per cent at 243,268 units in November. This report by The Canadian Press was first published Dec. 16, 2024. The Canadian Press Recommended Stories
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CBT
Earnings
- 11/4/24 - Miss
CBT
Sec Filings
- 12/17/24 - Form 4
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- 12/17/24 - Form 4
- CBT's page on the SEC website