July 16 (Reuters) - Canadian housing starts posted a surprise increase in June, rising 0.4% from May, data from the national housing agency showed on Wednesday.

The seasonally adjusted annualized rate of housing starts rose to 283,734 units from a revised 282,705 units in May, the Canadian Mortgage and Housing Corporation (CMHC) said. Economists had expected starts to fall to 259,000.

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(This story has been corrected to revise the units figure in May in paragraph 2)

https://www.reuters.com/world/americas/canadian-housing-starts-post-surprise-04-rise-june-2025-07-16/