The drop came as the annual rate of urban starts in the month fell 12 per cent with 192,545 units.
The annual rate of multi-unit urban starts fell 11 per cent to 151,769 for March, while the pace of single-detached urban starts fell 16 per cent to 40,776.The six-month moving average of the monthly seasonally adjusted annual rate was 240,669 in March, down six per cent from 254,658 in February.
Why would anyone buy when King is taking back land ?
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