Canadian Housing Starts Fall 7.46% For The Year
Canadian Housing Starts Fall 7.46% For The Year
CAD Housing Starts (Oct) Actual 212k, Expected 202k, Previous 218k
Release Explanation: This report covers the number of new residential Starts reported on an annualized basis. The report act as a leading indicator on housing market sentiment and the overall economy because they have an important influence on new […]
Canadian Housing Starts Still Going Strong
Canadian Housing Starts Still Going StrongHousing starts ease to 211,800 units in October Urban multiples lead the way with a 6% decline
The Canadian new housing market remained resilient in October, as housing starts came in above expectations. While consensus estimates pointed to a fall in housing starts to 200,000 units on a seasonally adjusted basis, […]
Canadian Economy Continues to Show Signs of Resilience, But How Long Can It Last For?
Canadian Economy Continues to Show Signs of Resilience, But How Long Can It Last For?
Canadian data has proven to be rather resilient lately, as last Friday’s net employment change surprisingly rose by 9.5K in October versus expectations of -10.0K, while this morning’s housing data showed that Canadian housing starts fell less than expected to 211.8K […]