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News Wrap | Scott Dawson
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Housing Starts Decreased During June

The seasonally adjusted annual rate (1) of housing starts was 189,300 units in June, according to Canada Mortgage and Housing Corporation (CMHC). Read more:

New Housing Price Index Increases in May

The New Housing Price Index (NHPI) rose 0.3% in May following identical increases in March and April, according to Statistics Canada.Between April and May, prices increased the most in Regina (+3.4%), followed by Toronto and Oshawa (+0.7%). Read more:

Canada to outperform in 2010: IMF

Canada’s economy will outpace that of most developed economies this year, the International Monetary Fund said Thursday. The IMF raised its growth estimate for Canada to 3.6 per cent for 2010, a half a percentage point higher than its previous 3.1 per cent figure. Read more: