Canadian housing starts pick up in February

This week, the Canada Mortgage and Housing Corporation reported a higher than expected increase in housing stars during the month of February. In January, the revised target for February was set at 180,481, and the actual housing starts came in at 192,094.

Unusually harsh weather conditions prompted a January slowdown, but the market appears to have rebounded in the month of February. Activity points to a soft but balanced 2014.

Click here for the full article from the Financial Post.