Higher numbers than forecast tend 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 0.3% against a forecast of -0.3%.
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 | ||||
|---|---|---|---|---|---|
| Average Hourly Wages (YoY) | Bullish change | 4.2% | 5.1% | ||
| Net Change in Employment | Bullish change | -83.9K | 14.1K | ||
| Unemployment Rate | (no change) | 6.7% | 6.7% | ||
| Ivey Purchasing Managers Index | Bullish change | 56.3 | 56.5 | ||
| Ivey Purchasing Managers Index s.a | Bearish change | 56.6 | 49.7 |
| 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) |