Canada housing starts down 3.2% on month in July

FILE PHOTO: A realtor's 'sold' sign stands outside a house in Ottawa, Ontario, Canada

OTTAWA (Reuters) - Canadian housing starts fell 3.2% in July compared with the previous month as a drop in multiple urban starts outweighed an increase in single-detached urban ones, data from the national housing agency showed on Tuesday.

The seasonally adjusted annualized rate of housing starts fell to 272,176 units from a revised 281,200 in June, the Canadian Mortgage and Housing Corporation said. Analysts had expected 275,000 starts in July.

(Reporting by Julie Gordon in Ottawa; editing by John Stonestreet)

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