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 New Housing Price Index (MoM) yet - check back for updates.
The most recent announced value for New Housing Price Index (MoM) was -0.1% against a forecast of 0.2%.
Recent economic data has been strongly bearish for CAD. Other recent announcements which may affect the market's interpretation of the next New Housing Price Index (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global Manufacturing PMI | Bearish change | 52.2 | 51.6 | ||
Gross Domestic Product (MoM) | Bearish change | 0.3% | -0.2% | ||
BoC Interest Rate Decision | Bearish change | 3.25% | 3% | ||
Retail Sales (MoM) | Bearish change | 0.6% | 0% | ||
Retail Sales ex Autos (MoM) | Bearish change | -0.1% | -0.7% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
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) |