Seasonally Adjusted Annual Rate

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Seasonally Adjusted Annual Rate

A rate used to reduce seasonal noise on a company's sales or revenue information. For example, many retail companies tend to have higher sales figures at the end of the calendar year because of the holiday season. Comparing the raw data may make the company's sales look better than they are. The SAAR is designed to even out that trend. It is calculated by taking the raw annual rate for a given month and dividing by a seasonality factor.
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<sup>1</sup> All starts figures in this release, other than actual starts, are seasonally adjusted annual rates (SAAR) - that is, monthly figures adjusted to remove normal seasonal variation and multiplied by 12 to reflect annual levels.
The seasonally adjusted annual rate of urban starts increased by 5.2&nbsp;per&nbsp;cent to 139,900 units in October.
October's seasonally adjusted annual rate of urban starts increased by 15&nbsp;per&nbsp;cent in British Columbia, by 14.8&nbsp;per&nbsp;cent in Ontario, by 6.5&nbsp;per&nbsp;cent in the Prairies and by 1.2&nbsp;per&nbsp;cent in the Atlantic.
The percent changes shown are based on quarter-to-quarter changes and are expressed at seasonally adjusted annual rates. The levels of series are also expressed at seasonally adjusted annual rates as appropriate.