Canadian housing starts
Source: Statistics Canada. CANSIM table 027-0009: Canada Mortgage and Housing Corporation, housing starts, under construction and completions, all areas. (accessed March 21, 2017)
Note: A rate adjustment is used for economic or business data to remove seasonal variations in the data. The time of year will affect most data. Adjusting for the seasonality in data enables more accurate month-to-month comparisons. The seasonally adjusted annual rate (SAAR) is calculated by dividing the unadjusted annual rate for the month by its seasonality factor and creating an adjusted annual rate for the month. These adjustments are most often used when economic data are released to the public.
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