Breaking News

Canada Housing Starts

Latest Release

Nov 18, 2024

Actual

240.8K

Forecast

239.0K

223.4K

Housing starts measures the change in the annualized number of new residential buildings that began construction during the reported month. It is a leading indicator of strength in the housing sector.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Importance:

Country:

Currency: CAD

Source: Canadian Mortgage and Housing...

Release Date	Time	Actual	Forecast	Previous
Nov 19, 2024 (Oct)	00:15	240.8K	239.0K	223.4K
Oct 16, 2024 (Sep)	23:15	223.8K	235.0K	213.0K
Sep 17, 2024 (Aug)	23:15	217.4K	252.0K	279.8K
Aug 16, 2024 (Jul)	23:15	279.5K	246.0K	241.6K
Jul 16, 2024 (Jun)	23:15	241.7K	255.0K	264.9K
Jun 17, 2024 (May)	23:15	264.5K	247.0K	241.1K

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For the past few weeks investors have been focused on the U.S. recovery and its impact on the U.S. dollar. They were sorely disappointed when nonfarm payrolls and retail sales came out well under...

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