Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for New Housing Price Index (MoM) was -0.2% against a forecast of 0.2%.
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next New Housing Price Index (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Ivey Purchasing Managers Index | Bullish change | 56.5 | 61.5 | ||
| Ivey Purchasing Managers Index s.a | Bullish change | 49.7 | 57.7 | ||
| S&P Global Manufacturing PMI | Bullish change | 50 | 53.3 | ||
| Gross Domestic Product (MoM) | Bullish change | 0.1% | 0.2% | ||
| BoC Interest Rate Decision | (no change) | 2.25% | 2.25% | ||
| Retail Sales (MoM) | Bearish change | 1.2% | 0.7% | ||
| Retail Sales ex Autos (MoM) | Bearish change | 1% | 0.5% |
| 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) |