Man signs a mortgage
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in June edged up 0.4% compared with May.

The national housing agency says the seasonally adjusted annual rate of housing starts totalled 283,734 units in June, up from 282,705 in May.

The increase came as the annual rate of starts in cities with a population of 10,000 or more reached 261,705 units in June, compared with 260,947 in May.

The annual pace of rural starts was estimated at 22,029 units.

CMHC says actual housing starts in centres with a population of 10,000 or more amounted to 23,282 units in June, up 14% from 20,509 in June last year.

The six-month moving average of the seasonally adjusted annual rate of starts across Canada rose 3.6% in June to 253,081.