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Steadier housing market seen ahead

<br><br> OTTAWA — Housing starts are expected to stabilize this year and next, after slowing in the second half of 2010, Canada Mortgage and Housing Corp. said Thursday. Construction will total between 157,300 and 192,900 units in 2011 and range from 154,600 to 211,200 units in 2012, the federal agency said. “Modest economic growth will continue to push employment levels higher this year and next,” said CMHC chief economist Bob Dugan.<br><br>

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OTTAWA — Housing starts are expected to stabilize this year and next, after slowing in the second half of 2010, Canada Mortgage and Housing Corp. said Thursday. Construction will total between 157,300 and 192,900 units in 2011 and range from 154,600 to 211,200 units in 2012, the federal agency said. “Modest economic growth will continue to push employment levels higher this year and next,” said CMHC chief economist Bob Dugan.