The typical/expected market impact of this event is low.
The consensus forecast for New Housing Price Index (MoM) is 0%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for New Housing Price Index (MoM) was -0.2%.
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next New Housing Price Index (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| BoC Consumer Price Index Core (MoM) | Bullish change | 0.2% | 0.6% | ||
| BoC Consumer Price Index Core (YoY) | Bullish change | 2.8% | 2.9% | ||
| Consumer Price Index (MoM) | Bullish change | 0.1% | 0.2% | ||
| Consumer Price Index (YoY) | Bearish change | 2.4% | 2.2% | ||
| 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% |
| 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) |