Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Housing Starts s.a (YoY) was 294.1K against a forecast of 265K.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Housing Starts s.a (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (MoM) | (no change) | -0.1% | -0.1% | ||
Gross Domestic Product (QoQ) | Bearish change | 0.5% | -0.4% | ||
Gross Domestic Product Annualized | Bullish change | -2% | -1.6% | ||
Current Account | Bearish change | -1.32B | -21.16B | ||
Retail Sales (MoM) | Bullish change | -1.2% | 1.5% | ||
Retail Sales ex Autos (MoM) | Bullish change | -0.3% | 1.9% | ||
BoC Consumer Price Index Core (MoM) | (no change) | 0.1% | 0.1% | ||
BoC Consumer Price Index Core (YoY) | Bearish change | 2.7% | 2.6% | ||
Consumer Price Index (MoM) | Bullish change | 0.1% | 0.3% | ||
Consumer Price Index (YoY) | Bearish change | 1.9% | 1.7% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Canada Mortgage and Housing Corporation |
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) |