UPDATE 1-Canada Oct housing starts fall more than expected

* Starts down 9.2 pct at 167,900 units

* Analysts expected 183,000 units; Sept revised lower

* Starts drop in single-family homes, multi-dwellings

TORONTO, Nov 8 (BestGrowthStock) – Canadian housing starts dropped
a greater-than-expected 9.2 percent in October because of a
decrease in new construction of both single-family and
multi-dwelling homes, data indicated on Monday.

New home construction fell to a seasonally adjusted rate of
167,900 units from a downwardly revised 185,000 units in
September, Canada Mortgage and Housing Corp said on Monday.
The number of starts in October missed the consensus
expectations of analysts who had called for 183,000 starts.
September starts were previously reported at 186,400 units.

Starts of closely-watched urban single-family homes
declined 8 percent to 57,700 units, while urban multiples, such
as condos, fell 15 percent in October to 84,700 units.

Rural starts were estimated at a seasonally adjusted annual
rate of 25,500 units in October.

(Reporting by Ka Yan Ng; Editing by Padraic Cassidy)

UPDATE 1-Canada Oct housing starts fall more than expected