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 bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Housing Starts s.a (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (MoM) | Bullish change | -0.2% | 0.1% | ||
Gross Domestic Product (QoQ) | (no change) | 0.5% | 0.5% | ||
Gross Domestic Product Annualized | Bullish change | 2.1% | 2.2% | ||
Current Account | Bullish change | -3.56B | -2.13B | ||
Retail Sales (MoM) | Bullish change | -0.5% | 0.8% | ||
Retail Sales ex Autos (MoM) | Bearish change | 0.6% | -0.7% | ||
BoC Consumer Price Index Core (MoM) | Bullish change | 0.1% | 0.5% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 2.2% | 2.5% | ||
Consumer Price Index (MoM) | Bearish change | 0.3% | -0.1% | ||
Consumer Price Index (YoY) | Bearish change | 2.3% | 1.7% |
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) |