Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx 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 217.4K against a forecast of 252.5K.
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 | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | Bearish change | 4.9% | 4.5% | ||
Net Change in Employment | Bullish change | 22.1K | 46.7K | ||
Unemployment Rate | Bullish change | 6.6% | 6.5% | ||
Ivey Purchasing Managers Index | Bullish change | 50.3 | 54.5 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 48.2 | 53.1 | ||
S&P Global Manufacturing PMI | Bullish change | 49.5 | 50.4 |
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) |