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 278.6K against a forecast of 227.5K.
Recent economic data has been moderately bearish 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) | (no change) | 3.5% | 3.5% | ||
Net Change in Employment | Bullish change | -32.6K | 7.4K | ||
Unemployment Rate | Bearish change | 6.7% | 6.9% | ||
Ivey Purchasing Managers Index | Bearish change | 55.6 | 52.3 | ||
Ivey Purchasing Managers Index s.a | Bearish change | 51.3 | 47.9 |
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) |