Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected market impact of this event is low.
There is no forecast value for Housing Starts s.a (YoY) yet - check back for updates.
The most recent announced value for Housing Starts s.a (YoY) was 279.2K against a forecast of 255K.
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Housing Starts s.a (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Retail Sales (MoM) | Bullish change | -0.7% | 1% | ||
| Retail Sales ex Autos (MoM) | Bullish change | -1.1% | 0.7% | ||
| BoC Consumer Price Index Core (MoM) | Bullish change | 0% | 0.2% | ||
| BoC Consumer Price Index Core (YoY) | Bullish change | 2.6% | 2.8% | ||
| Consumer Price Index (MoM) | Bullish change | -0.1% | 0.1% | ||
| Consumer Price Index (YoY) | Bullish change | 1.9% | 2.4% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Canada Mortgage and Housing Corporation |
| Category: | Housing Market |
| Frequency: | Monthly |
| Australia | Building Permits (MoM) | ||
| New Zealand | Building Permits s.a. (MoM) | ||
| United States | Pending Home Sales (MoM) | ||
| United States | Existing Home Sales Change (MoM) | ||
| United States | New Home Sales Change (MoM) | ||
| United States | Housing Starts (MoM) | ||
| United States | Building Permits (MoM) |