A housing start is defined in Canada as the commencement of construction work on the building in which the dwelling unit will be housed. In most cases, this refers to the stage at which the concrete has been poured for the entire footing around the structure; in other cases, it refers to an equivalent stage at which a basement will not be included in the construction.
A higher than expected figure should be seen as positive (bullish) for the CAD while a lower than expected figure should be seen as negative (bearish) for the CAD.
Category:
Housing Starts
Units:
Thousand
Details
Impact
Medium
Country
Currency
CAD
Latest Release
Previous
270.7K
Consensus
268K
Actual
260.2K
Next Release
Date
Oct 15, 09:15
Time left
24 days
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