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 -0.1% against a forecast of 0%.
Recent economic data has been moderately bearish 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 | 54.1 | 62.7 | ||
| Ivey Purchasing Managers Index s.a | Bullish change | 55.1 | 64.3 | ||
| Average Hourly Wages (YoY) | Bearish change | 3% | 2% | ||
| Net Change in Employment | Bearish change | 75.1K | -41.7K | ||
| Unemployment Rate | (no change) | 6.4% | 6.4% | ||
| BoC Interest Rate Decision | (no change) | 2.25% | 2.25% | ||
| S&P Global Manufacturing PMI | Bearish change | 53.5 | 53 |
| 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) |