Building permits in Canada rose 0.7% in October

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8 December 2014

Building permits in Canada rose 0.7% in October

Statistics Canada released housing market on Monday. Building permits in Canada rose 0.7% in October, missing expectations for a 2.1% gain, after a 12.5% rise in September. September's figure was revised down from a 12.7% increase.

Building permits for non-residential construction climbed 2.4% in October, while permits in the residential sector decreased 0.4%.

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