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Home Building Picks Up Slightly

<br><br> OTTAWA — Housing construction showed a mild recovery in January, led by rural housing starts, according to Canada Mortgage and Housing Corp. CMHC said Tuesday the seasonally adjusted annual rate of housing starts totalled 170,400 units during the month. That followed a 15-month low of 168,300 units, revised, in December. <br><br>

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OTTAWA — Housing construction showed a mild recovery in January, led by rural housing starts, according to Canada Mortgage and Housing Corp. CMHC said Tuesday the seasonally adjusted annual rate of housing starts totalled 170,400 units during the month. That followed a 15-month low of 168,300 units, revised, in December.