Housing starts jump in December

TORONTO (Reuters) - Canadian housing starts climbed more than expected in December, lifted mostly by multiple-unit buildings like condominiums, the latest sign that low interest and mortgage rates are keeping the country's property market buoyant. Housing starts rose to a seasonally adjusted annualized rate of 200,200 units, up from an upwardly revised 185,600 units a month earlier, Canada Mortgage and Housing Corp said on Tuesday. The number of starts was well above the consensus expectation of analysts, who had called for 185,000 starts. ...