CANADA (WWN).- Canadian housing starts rose 2.4% to 222,700 units in June, according to Canada Mortgage and Housing Corporation (CMHC). "The monthly increase posted in

June was mainly attributable to multiple urban starts in Québec and British Columbia," said Mathieu Laberge, deputy chief economist at CMHC's Market Analysis Centre. "The rate of starts, however, remains close to the six-month average. CMHC still expects the pace of housing starts to moderate as the year progresses."