FXstreet.com (Barcelona) - Starts of new houses have increased 19.6% in Canada in September, against expectations, to a seasonally adjusted annual rate of 278,000 new homes , according to Canada Mortgage and Housing Corp.

September's increase was unexpected, as market analysts advanced an annual rate of around 210,000 units.

Urban multiple starts have increased 47% t 154,100 units per yea and starts of urban single houses have risen 4.9% to 90,300 units.