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 broadly neutral 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) | Bullish change | 3.6% | 4% | ||
| Net Change in Employment | Bullish change | 60.4K | 66.6K | ||
| Unemployment Rate | Bullish change | 7.1% | 6.9% | ||
| Ivey Purchasing Managers Index | Bearish change | 61.6 | 51.7 | ||
| Ivey Purchasing Managers Index s.a | Bearish change | 59.8 | 52.4 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.3% | -0.3% | ||
| BoC Interest Rate Decision | Bearish change | 2.5% | 2.25% |
| 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) |